• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, August 8, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

NASS to facilitate direct foreign investment into Nigeria

Investment

The Matters Press by The Matters Press
August 12, 2023
Reading Time: 2 mins read
0
Act fast on Electoral Act, National Commissioners, Senate advised

Abuja, Aug. 12, 2023: Deputy Speaker of the House of Representatives, Benjamin Kalu has pledged that National Assembly will prioritise legislations that will boost direct foreign investments to Nigeria to make it the best business destination in Africa.

RELATED POSTS

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

National Single Window initiative, a major step for efficient cross-border trade – TMSG

‎Group celebrates 45% increase in federal revenue in just one month

Kalu said this on Friday when the Deputy Ambassador of Hungary to Nigeria Mr Gabor Krauss paid him a courtesy visit in Abuja.

The deputy speaker also stated that President Bola Tinubu had a robust economic agenda that would reposition Nigeria for better development.

“Nigeria is big with regards to playing a major role in the global market and anybody who sees the opportunity now and steps in stands to benefit from the market share that is going to spring up from Nigeria.

“I say so because we will be leveraging the Africa continental trade agreement, that we are all signatories to, that will be commencing soon. Most companies around the world are seeing beyond their own continents and looking into the continent of Africa.

“You know if you come to African continent, the biggest market is Nigeria. So anyone who’s going to be strategically positioned to benefit from the Africa continental trade agreement cannot avoid Nigeria.

“So what you’re doing now is good for your country, by sniffing out opportunities, closer to your people to embrace,” he said.

Kalu said that the National Assembly would champion policies that would help to increase the confidence of investors on Nigeria through legislative interventions.

Speaking, Krauss said the visit was to communicate with the deputy speaker, of a planned increase in investments and humanitarian services to Nigeria.

Krauss said that the embassy officials had visited Abia where they sought to establish a factory as a joint venture that would help in technology transfer to Nigeria.

He said that a number of Hungarian companies were doing business in the country, adding that his country had equally offered a lot of scholarship opportunities to Nigerian students.

Tags: InvestmentNASS
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

‎Group celebrates 45% increase in federal revenue in just one month

July 28, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 2025
Nigeria’s Dangote refinery will cut Africa’s petrol import by 36%
Economy/Technology

‎ADC erred, APC administrations never spent $18bn on refineries-IMPI ‎

July 25, 2025
Next Post
Tinubu inaugurates economic council

I want swift economic recovery for good of Nigerians - Tinubu

IPMAN, NUPENG tango over illegal increase in petrol price

IPMAN denies asking members to revalidate shares in NIPCO

Recommended Stories

Kenya, Rwanda ride on AfCFTA to enter West Africa

Kenya, Rwanda ride on AfCFTA to enter West Africa

October 10, 2022
Toyota hits by bad market, expects fall in profit

Toyota hits by bad market, expects fall in profit

August 6, 2020
Ghana enters first recession in 30 years, but sure of rebound

Ghana finance minister fends off criticism, apologises for economic hardship

November 19, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎
  • National Single Window initiative, a major step for efficient cross-border trade – TMSG
  • ‎Group celebrates 45% increase in federal revenue in just one month

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us