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Nigeria’s Finance Minister seeks investment with Canadian industrialists

By Francesca Hangeior

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, yesterday, urged Canadian industrialists to invest in the Nigerian economy.

Addressing a delegation of top private sector executives in Abuja, he said the investment climate was very friendly and told them to take advantage of the abundant opportunities in the country.

A statement by Mohammed Manga, Director of Press of Finance Ministry, quoted, Mr. Edun as saying, “This meeting demonstrates our commitment to fostering economic cooperation between Nigeria and Canada.”

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He also quoted the Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu, who also participated in the.meeting as saying, “We are dedicated to creating a conducive environment for investors and promoting economic growth”.

The meeting was organised by the African Capital Alliance led by its Chairman, Mr. Okey Enelamah, former Minister of Industry, Trade and Investment.

It featured discussions on key reforms, investment opportunities, and initiatives aimed at boosting economic cooperation between the two countries.

The Ministers showcased Nigeria’s potential and commitment to creating a conducive business environment.

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Mr. Enelamah said African Capital Alliance was pleased to facilitate the engagement, which aligns with its mission to promote private sector investment in Africa.

The Canadian delegation comprising top executives from leading companies expressed interest in exploring Nigeria’s investment landscape.

The delegation included: Victor Dodig, President of CIBC Group; Peter Gilgan, CEO of Mattamy Asset Management; Blake Hutcheson, President of OMERS; Tim Gitzel, President of Cameco; Stephan Crétier, President of Garda World Security Corp.; Goldy Hyder, President of Business Council of Canada; Isaac Olowolafe, Co-Founder of BKR Capital and James Christoff, the High Commissioner of Canada to Nigeria.

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