Osinbajo has express the
willingness of the Buhari led
federal government to improve
business environment adding
that the Federal Government has
directed the Ministry of Trade
and Investment to raise the ease
of doing business to attract more
foreign investors to the country.
Prof. Osinbajo stated this
recently when he received a
United Kingdom Trade Mission
led by Nigerian member of
the House of Commons, Kate
Osamor. The Vice President said
the Buhari administration was
eager to remove other obstacles
militating against investments
so that entrepreneurs could find
the country a good place to do
He said the administration was
looking forward to encouraging
UK businesses, especially
those willing to work with the
administration in providing
road, rail, agriculture and power
infrastructure in the country. The
Vice President said the Federal
Government was prepared to
develop the agriculture value
chain for economic prosperity
and job creation. “The Federal
Government has everything
needed to succeed in the
agricultural sector,” he said.
He said also that the
administration was leveraging
on the general environment to
achieve a high technology status,
adding that plans were underway
to develop technology parks
On power supply, he assured
that the plan was to have an
energy-mix that would increase
power supply nationwide to
enable more rural populace to
have access. He disclosed that
the administration had removed
the obstacles hindering the
development of the Azura power
project in Edo, which would add
450 megawatts to the national
He, however, added that
government was considering
either concessioning or privatising
the project for speed and efficiency
in its execution. Osamor, who
represents Edmonton, London,
told State House Correspondents
that the mission was in the country
to discuss with trade companies
that were willing to work with
She said that the Vice President
had provided the mission with
an overview of the direction of
the government in education,
transportation, rail and power
supply. “He spoke about five
or six aims; he wants to work
on construction, building on the
roads, rails, education and the
delegation wants to work closely
with the organisations that are
here,” she said. Osamor said that
she, in particular, was interested
in raising the level of education
of the people, which had gone
down drastically over the years.
She added that those in Diaspora
would build schools, improve the
quality of teachers, and wipe out
She said that the mission would
assist the current administration
to perform well. In addition, Mr
Emmanuel Obasi, Director and
Board member of Africa House,
London, said the group was
keen on promoting the trade and
investment relationship between
UK an sub-Sahara Africa with
particular interest in Nigeria.
He said the mission was
satisfied with the anti-corruption
fight of the administration, which
had encouraged the investors to
visit the country. He further said
that the mission would assist in
technical training and technology
transfer needed in the country.
“We have that in stock and we
hope Nigeria will take advantage
of that because a lot of African
countries need that technology.
“Here we are in Nigeria and we
hope that the people will take it
now,’’ he added.