Minister of Budget and National Planning, Senator Udoma Udo Udoma has told investors that the best time to invest in Nigeria is now, given that the economic policy initiatives adopted by the Federal government is yielding positive results.
Senator Udoma stated this at the UK-Nigeria Trade and Investment Forum in London, a statement by the special adviser on media to the minister, Akpandem James said.
The minister who was speaking at the plenary session of the Forum said Nigeria’s outlook for 2018, and over the medium term, is positive as the country had since exited recession and the economy is steadily growing again.
He explained that as part of government efforts to transform the economy and deliver sustained, diversified and inclusive growth, the Economic Recovery and Growth Plan (ERGP) was put together and several initiatives in the Plan are being implemented to remove constraints to investments. Some of the initiatives include the Presidential Enabling Business Environment Council (PEBEC) and the Focus Labs.
