Muhammadu Lamido Sanusi II, the Emir of Kano, has urged global investors to utilise the improving business environment in Nigeria and invest their capital for higher returns.
Sanusi made the call to global investors and captains of industries at the International Financial Investment and Trade Conference held in Tunisia.
In a statement issued by Munir Sanusi Bayero, Galadiman Kano and chief of staff to the emir said Sanusi made a strong case for investment opportunities in Nigeria, especially in the areas of manufacturing, ICT and agriculture.
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“Sanusi essentially appealed to business and investment giants to tap from the robust economy with an enabling environment in the areas of Manufacturing, Agriculture, ICT, Innovation and financial sector to grow their investment,” the Emir was quoted as saying.
“He used the occasion to showcase the growing fortune and global investment of Aliko Dangote, who started his empire taking the Nigerian business environment, believed foreign investors should capitalise on similar advantage”.
The call follows the recovery hopes in Africa’s most populous nation as business confidence rises for the third consecutive month in March and returning macroeconomic stability after two tumultuous years of volatility.
The government has also rolled out policies with its “Nigeria First Policy” to support local investments, a window investors can tap into to maximise impressive profit margins.
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The former governor of the Central Bank of Nigeria explained that Nigeria is one of the fastest-growing economies in Africa, with highly competitive markets and business opportunities readily available for capital investors.
The Emir also made a strong case for investment opportunities in his country home, highlighting socio-economic and natural endowments as major advantages investors should consider to build viral growth in Kano.
He said that Kano is a destination for trade, commerce and industries with 22 million people, natural resources, a strategic location and well-established international markets that serve many countries in West and Central Africa and beyond.
