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NORWAY URGES NIGERIA TO CREATE ENABLING ATMOSPHERE FOR INVESTORS
 
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Tue, 10 Dec 2013   ||   Nigeria,
 

Norway has urged Nigerian Government to create the enabling environment for foreign investors.

This was handed on Tuesday by a Norwegian businessman, Mr. Svein Jensen who also revealed that Norway had earmarked about 40 billion dollars for investment on trade in Africa.

According to him, Norway is controlling the world’s largest investment fund of about 800 billion dollars.

“The Norwegian government is now discussing to invest through our investment fund, around 40 billion dollars in renewable energy, gas, oil, trade and tourism investment in Africa.

“Nigeria could be a good candidate for some of this investment funds due to its business orientation, “he said, noting that security is key to every successful business.

He said that Norway was ready to welcome genuine businessmen from Nigeria and other African countries.

Jensen stated that the idea is for both countries to have a strong business relationship, pointing out that the relationship will provide a platform for discussing challenges that may arise in trade, tourism and investment promotion in both countries.

Meanwhile, Norway invested $700 million (about N108.5 billion) to export fish to Nigeria.

 

 

 

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