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Investment Incentives: Foreign Companies Commend Nigeria

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Cross sections of Swiss investors operating in Nigeria have commended the Federal Government for creating a sound investment environment which they said has continued to attract investment into the country.

They stated this in an interview with Newsmen at the 2018 Nigeria Business and Investment Forum holding in Bern.

Managing Director of the Lagos based  Swiss-African Business Council Jacques Piekarski, said that incentives like tax holiday , subsidies, partnership with government agencies and capital repatriation are  investment enabling laws that have boosted investors’ confidence.

Pierkaski expressed the hope that the incentive would continue to be in place irrespective of a change in government, noting that Investors have a long time vision.

Similarly, Head of Syngenta North West Africa Luzius Caviezel, commended government for its legislative framework on Investment.

While welcoming participants to the forum, Nigeria Ambassador to Switzerland Baba Madugu, expressed government‘s commitment to the diversification of the economy.

Madugu listed agriculture, Mines, Power, Infrastructure and Transport as areas needing Investment.

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