20 German Companies Seek Investments in Nigeria
Nigeria has been making quite a name for itself in the global business industry over the past few years. More and more powerful countries are trying to establish a strong base there because the returns are profitable.
The overall development of Nigeria, both social and technological, has made it a popular hub for businessmen who are looking to expand their companies. Betway mobile online betting, for instance, is today popular than ever.
Germany has been one of the most foremost countries in the world when it comes to globalization. They are trying to have a foothold in different countries of the world through the different companies. These German companies are simply looking for better resources, more opportunities and higher profits through their expansion.
In fact, twenty 20 German firms have shown interest in cultivating business in Nigeria. They are willing to explore investment opportunities that will help them progress in the country. The number can only go up from here which means that Nigeria will soon become a bustling hub of German companies if all of them find satisfactory deals.
The Minister of Industry, Trade and Investments in Nigeria, Okechukwu Enelamah accompanied the Chief Executives of the companies visiting Nigeria when they went to pay a courtesy visit to the Vice President, Yemi Osinbajo. The purpose of this meeting was to find out about the various investment opportunities available in the country directly from him.
Mr Enelamah said that the huge delegation has arrived from Bavaria. In Germany, Bavaria is the region which covers Munich and all major industrial areas. This is an indication that the companies looking for investment in Nigeria are all serious businessmen who will not give up on their wish easily.
He said that the delegation was very robust in every way and conveyed his appreciation for these companies. He could not help but notice in the meetings that the German firms genuinely believed in the development of the Nigerian economy. They expected it to improve even further in the future, and the Minister was thankful for such staunch support.
Mr Enelamah also said that the German firms thought that investment opportunities in Nigeria were finally beginning to appear positive. They were willing to become a part of this revolution and go through the ups and downs instead of being bystanders.
The Minister found it noteworthy that a lot of these German companies have actually come down to Nigeria in order to search for the perfect investment. Most of them already have choices they are pondering over.
Mr Enelamah also informed that the investors would stay for a few more days in Nigeria, and explore the country. They could especially visit Abuja and Lagos once the meeting with the Vice-President was over. The companies would conduct follow-up meetings with more investment agencies and even the private sector in Lagos so they can come up with an excellent opportunity.
The companies want to eliminate all obstacles that can hinder their investment process, which is not surprising. Hence, they are willing to go the extra mile.