Foreign investors, local partners to pump in multi-billion dollar investment into Nigeria

Chairman, Allen Le & Partners, International Investment Consulting Joint Stock Company, Hanoi City, Vietnam, Mr. Allen Le Nam, has said that he will mobilize other foreign investors and their associates to invest multi-billion dollars in projects in Nigeria.

 

According to a statement on Tuesday by the Chairman/Chief Executive Officer, Silicon Valley Nigeria Economic Development (SV-NED) HRH, Queen Mother, Amb. Chief Amina Temitope Labinjo-Ajayi (JP), Nam spoke during his official visit to Nigeria.

 

This is as the federal government has expressed delight over Nam’s visit and commended Chairman/Chief Executive Officer, Silicon Valley Nigeria Economic Development (SV-NED) HRH, Queen Mother, Amb. Chief Amina Temitope Labinjo-Ajayi (JP) over her dogged efforts to attracrr foreign investors to Nigeria. The Minister of Solid Minerals Development, Dr. Dele Alake, after a meeting with NAM and SV-NED management also said it was still not time to reveal details of their meeting but added that he was delighted over the visit.

 

Nam harped on the private sector as the corner stone for economic development of any country.

 

He expressed the hope that Nigeria will be one day like Canada and Vietnam. He also said Nigerians were friendly, adding that he was impressed by the reception he received at the airport and the behaviour of the people who he met.

 

Nam said: “The private sector would be looked at as a warrior of the country. The private sector should be looked as a warrior of the country. They’re the ones who are at the peacetime. They’re the ones who are fighting. They’re the ones who put their family back, put their time, put the risk, and then build the country.

 

“So, I hope that the government will look at the private sector, the businessman, the entrepreneur, as a warrior of the peacetime. Let’s build Nigeria together.

 

He said he was not expecting much from the government.

 

He said: “The government should make things easier for the private sector and for the foreign investor, so that they can mobilize money into the country, build skyscrapers, help with the mining, help with the green energy sector, electrical cars, and most importantly, the airlines, low-cost airlines, for the good of the people to mobilize around the country. And obviously, last but not least, is the good quality home for everyone.

 

He said: “This is my first time. But on how much I am planning to mobilise, I can tell you after, but it’s going to be multi-billion dollars around with my investor, my partners, and my associates.

 

“Hopefully, five years from now, the airport will be transformed. If you come to Vietnam right now, never mind next two years, you’ll see about five, six stars airport is being built. It’s going to be grand opening in the next two years in Hanoi. Hanoi is already done.”

 

Labinjo-Ajayi said the coming of Nam is a dream fulfilled. She stated that they are coming to invest in Nigeria under the Renewed Hope Agenda of President Bola Tinubu.

 

She said: “There’s something I need to tell everybody. He may not be there. Our Almighty God may not be there when we need Him. But He will always be there on time. My case will be a case study for every mother and every Nigerian young adult. It’s never too late for God’s favor. Here, they are right now. This is the future.