Tinubu Says Nigeria Is Now an Attractive Investment Destination Thanks to Recent Reforms

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According to President Bola Tinubu, new changes that provide investors with chances in several sectors have improved Nigeria’s business climate.

The president, in a statement released by presidential spokesman Ajuri Ngelale, stated that during the presentation of a letter of credence by Vice-Admiral Kim Pan Kyu, the Republic of Korea’s ambassador to Nigeria, at the State House on Friday, the president emphasized that Korean goods made in Nigeria would be highly beneficial to the Korean market and that Nigeria is a large market for Korean products in general.

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President Tinubu spoke highly of Nigeria’s bright economic future and extended an invitation to more South Korean businesses to set up shop in the country.

It makes me happy to hear that you know a lot about Nigeria and recognize our country’s significance in Africa. We welcome business possibilities and trade with any country, and I am aware that the Nigerian market is well-established for a number of South Korean brands.

South Korean technology is highly regarded by Nigerians, and vice versa: South Korean markets can benefit from Nigerian items. Your businesses and factories would thrive if they relocated here. As we move forward in the near future, we have all the resources your industries need to thrive. In order to support our nation’s creative youth, we may work together on training and the organized sharing of information.

Cooperation in these sectors will deepen our bilateral relations, and we have investment potential in the solid mineral sector and other areas as well,” the president stated.

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