The Minister of State for Trade and Investment, Samuel Ortom has disclosed that Nigeria is blessed with a lot of investment opportunities, even as only half of the arable land in the country is being utilized, out of the 88 million.
Ortom said this on Tuesday when about 27 Japanese firms visited him to discuss the possibility of investing in the Nigerian economy.
The minister expressed the readiness of the Federal Government to grant the potential investors the necessary support and incentives to make their businesses a success.
Leader of the delegation, Nigerian Ambassador to Japan, Godwin Agboh said they were at the ministry to seek for assistance in their efforts to invest in the different sectors of the economy.
The envoy said that he personally led the delegation from Japan in response to President Goodluck Jonathan’s directives to all ambassadors to join hands with government in its bid to drive in Foreign Direct Investment (FDIs) into the country.
Agboh explained that 24 of the investors were Japanese indigenous companies while 3 of them were owned by Nigerians, adding that the investors are interested in automobiles, mining, solid minerals, manufacturing, engineering, construction among others.