Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News Business

Investing in Nigeria gives investors access to 550 million people in Africa – Pantami

Omokolade Ajayi by Omokolade Ajayi
December 7, 2020
in Business
Investing in Nigeria gives investors access to 550 million people in Africa – Pantami

Minister of Communications and Digital Economy, Isa Pantami

Share on FacebookShare on TwitterShare on Linkedin

Dr. Isa Pantami, the Minister of Communications and Digital Economy, has disclosed that investing in Nigeria gives investors access to 550 million people in sub-Saharan Africa.

This statement was made by Dr. Isa Pantami while delivering his keynote address at the Africa Investment Forum (AIF) titled: “Nigeria’s Digital Economy: A Golden Investment Opportunity.”

The Minister who doubles as the leader of the Nigerian delegation at the 40th edition of the Gulf Information Technology Exhibition (GITEX), stated that Nigeria is both a geographic and an economic gateway to sub-Saharan Africa.

RelatedPosts

Afreximbank sets up a $500 million fund to support Africa’s creative industries

Nigerian IT start-ups can generate $30 billion in 10 years – NITDA DG

According to him, Nigeria has a prime location between West and Central Africa. He explained further that investment in the country’s economy gives investors easy access to close to 550 million people – 200 million from Nigeria, another 200 million West Africans, and about 150 million Central Africans.

Hence, investing in Nigeria is the best strategy foreign investors can deploy to strategically position themselves for the huge gains inherent in the African Economy.

News continues after this ad


He asked prospective investors to take full advantage of the opportunities inherent in Nigeria. As investments in the largest economy in Africa, with a GDP of $448 billion according to World Bank estimates, puts them in a much better position than investments elsewhere.

What they are saying

Speaking about the drivers that would help investors make impressive gains on their investments in the country, the Minister highlighted the recent free trade agreements, the recent policies of the Nigerian Government to aid digital revolution, and the innovative spirit of the Nigerian population.

News continues after this ad


He said: “Nigeria is part of the African Continental Free Trade Agreement (AfCFTA) and it gives us access to the African continent, covering an area worth over US$3 trillion in GDP and eliminates tariffs on 90% of goods traded across the continent. This is no doubt a unique opportunity for investors in Nigeria.

“The President of the Federal Republic of Nigeria, His Excellency, Muhammadu Buhari GCFR, launched and unveiled the National Digital Economy Policy and Strategy for a Digital Nigeria, based on the following 8 pillars – Developmental Regulation, Digital Literacy and Skills, Solid Infrastructure, Service Infrastructure, Digital Services Development and Promotion, Soft Infrastructure, Digital Society and Emerging Technologies, and Indigenous Content Development and Adoption.”

While speaking about how innovative Nigerians are and how the country is at the forefront of innovations across the world, Dr. Pantami said:

“Innovation is second-nature to Nigerians and there are so many Nigerians that have made their mark through innovative solutions that they have developed. A Nigerian-trained Doctor is credited to have played a leading role in the development of the Pfizer COVID-19 vaccine. Reports indicate that this vaccine is expected to pull in more than $8 billion in revenue by the end of 2021. Nigerians are very friendly people and our business environment is conducive.”

What you should know

  • The Africa Investment Forum (AIF) is part of the official activities at the ongoing 40th edition of the Gulf Information Technology Exhibition (GITEX).

Related

Tags: Africa Investment ForumGITEXGulf Information Technology ExhibitionInvesting in Nigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Confusion as NUPRC rejects approval of Seplat and Mobil deal hours after President Buhari approved
    • Sell-offs from MTN causes market to dip by N125 billion
    • Crypto-mixing service, Tornado Cash, blacklisted in the United States 

    Follow us on social media:

    Recent News

    Nigeria loses $4 billion annually to oil theft  – NUPRC

    Confusion as NUPRC rejects approval of Seplat and Mobil deal hours after President Buhari approved

    August 8, 2022
    Weekly Stock Update: Nigerian local bourse’s ASI depreciates by 0.22% w-o-w

    Sell-offs from MTN causes market to dip by N125 billion

    August 8, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com