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    BREAKING NEWS
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    Dangote and Partners Invest $1 Billion in Sugar Production in Nigeria

    Nigeria and France basks bilateral economic relations entirely centralized for the windfalls of the duo

    Posted On 27 Aug 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 8

    By Abdul Rahman Bangura–

    Photo Credit: Unsplash

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- The French Ambassador to Nigeria, Mr. Jerome Pasquir, has described Nigeria as an investment hub where French investors are at liberty to invest their wealth so that rapid bilateral economic ties will be fully consolidated for the benefit of the two countries.

    It was virtually as Malam Ahmad Rabiu – the Managing Director of Dala Inland Dry Port announced Kano State Government has expended 2.3 billion naira for the provision of infrastructure for the take-off operation of Inland Dry Port, Kumbotso, Kano.

    Jerome Pasquir – French Ambassador to Nigeria asserted, the two nations maintained much-needed prospects to generate forward in the economic domain furnished the ample reserves in Nigeria, announcing the French administration has already made strengthened undertakings attempted at strengthening the relations for a strong
    business aura to flourish at the time the quest for enterprise was on a high pedestal.

    “Our people have a wrong notion of Nigeria as far as the issue of insecurity and terrorism is concerned. as one representing the interest of our country, we are saddled with the pain of convincing our people to understand the simple fact that Nigeria is a great investment hub. The country has the much-needed potentials to be relied upon in
    terms of trade and investment.” Stated Pasquir.

    He divulged that “We are here in Kano today and saw the potentials of Kano as a sprawling commercial nerve center. We are also impressed with the hospitality we received. we are hoping to build and consolidate trade and investment ties with notable business tycoons like Adenuga, Dangote and others across the country. the issue of investment is the prevailing vogue all over the country.”

    Before, the Managing Director of the Dala Inland Dry Port – Malam Ahmad Rabiu let out, Kano State Government has shelled out 2.3 billion naira for the provision of infrastructures for the take-up operation of Inland Dry Port, Kumbotso Kano. He clarified that the infrastructure to be provided by the state government comprises access road,
    perimeter fence, water and electricity amongst others.

    The venture he announced when finalized, would empower thousands of job recourses to the youths and improve the state IGR, as well as promote export not only in Kano but the zone.

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
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    8 Comments

    1. Daniel August 27, 2021 at 12:40 am Reply

      Investment opportunities all over Africa. Thank you for the report. Abuja Nigeria. Daniel

      • New Africa Business News, Staff Correspondent August 27, 2021 at 12:53 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Mary August 27, 2021 at 12:43 am Reply

      Young and vibrant growing population in Afrika. Juba in South Sudan. Mary

      • New Africa Business News, Staff Correspondent August 27, 2021 at 12:53 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Randy August 27, 2021 at 12:49 am Reply

      Business is growing in Africa faster than some analyst saying. Great report. Serowe BOTSWANA. Randy

      • New Africa Business News, Staff Correspondent August 27, 2021 at 12:53 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Lucy August 27, 2021 at 12:51 am Reply

      Love the newsletters. Thank you. Hanover, Germany

      • New Africa Business News, Staff Correspondent August 27, 2021 at 12:53 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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