Nigeria, Africa's Topmost Investment Destination - Umanah

By: Sixtus Tom

Despite the slow and economic activities of the last two years, Nigeria has been described as a preferred investment destination in Sub Saharan Africa.

The President of African Media Network (AMNETT), Mr. Aniekan Umanah, made this remarks at the just concluded All Africa Media Conference in Cape Town, South Africa where he insisted that Nigeria with a population of over 192 million people according to UN statistics and going by the National Bureau of Statistics (NBS) in its Q2 reports, Nigeria’s economy is finally staging a comeback with over 35 percent return on investment.

He commended the recently launched Economic Recovery and Growth Plan (ERGP) 2017-2020 of Nigerian Government which had the objective of bringing the economy out of recession and placing it on the path of sustainable and inclusive growth.

On a round table discussion on country’s economic outlook and planning data,  Mr Umanah said there are huge  investment opportunities in Nigeria, particularly in power/energy, agriculture, petroleum and allied products as well as transportation and solid minerals.

The President and Chief Programmes Officer of AMNETT, used the opportunity to extend invitation to foreign investors and organizations to take advantage of the investment opportunities and invest in Nigeria.

He also charged investors to maximise the untapped potentials particularly in the labour market and energy offered by the Nigerian youths, adding  that Nigerians are always receptive to new ideas, new neighbors and friends who means well for them and their resources.

Pictures one, L-R. President, Pan African Media Research Organization (PAMRO) Mr. Jeo Otti, with President of African Media Network (AMNETT) Mr. Aniekan Umanah, during the just concluded 18th All Africa Media Conference in Cape Town, South Africa.


Other photos (the president of African Media Network (AMNETT) Mr. Aniekan Umanah during the ALL AFRICA MEDIA CONFERENCE IN CAPE TOWN, SOUTH AFRICA.

During the dinner night at The ALL AFRICA MEDIA CONFERENCE IN CAPE TOWN, SOUTH AFRICA

Lalasticlala this is a good story for Nigeria. Seun hope you are seeing it