France has made a commitment to support efforts of government to get Nigerian products receive international recognition.
The Ministry of Trade and Investment.disclosed this in an emailed statement on Thursday following a working visit of the Trade Minister, Otunba Adeniyi Adebayo, to the French Ambassador to Nigeria, Jarome Pasquier.
The Ministry quoted Pasquier as saying, “France is determined to woo more investors to Nigeria in order to take advantage of Nigeria’s economic diversification process and other infrastructural development such as development of Free Trade Zones, agro-industries, livestock, ranching activities, tropical agriculture, geographic information with aim of Nigeria’s products getting international recognition.”
Pasquier said France Minister of Trade would visit Nigeria with more France Companies, a move which would boost trade bilateral relationship between the two Countries.
France according to the National Bureau of Statistics is one of Africa’s largest economy key trading partners.
Reacting to the development, the Minister of Trade and Investment, urged France Companies to leverage on the available investment opportunities to invest in the country.
Adeniyi said, “Government is creating a lot of industrial parks which France and other countries can further leverage on to improve economic ties with Nigeria.
“It is time to invest more in the country, especially in the area of agro-allied industries, mining sector, information technology, transportation, energy among others.”
He noted that Nigeria has an investment friendly climate which makes it one of the leading countries that offer good opportunities for foreigners.
Adebayo said mechanisms were already in place to secure their investments, adding that the government is “doing a lot to curb corruption and other vices in the country.”