- Nigeria Seeks Japanese Investors to Boost Trade and Production
- Keiji noted that Nigeria remains a key country with a vibrant economy and significant potential
- Recent initiatives include an innovation hub, a $238 million power project, and training programmes to build local capacity
The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has called on the Japan International Cooperation Agency (JICA) to help attract Japanese investors to Nigeria, stressing the government’s readiness to support private sector growth.
Eko Hot Blog reports that Bagudu made the appeal during a courtesy visit by Mr Ishigame Keiji, the new Chief Representative of JICA in Nigeria, who succeeds Mr Yuzurio Susumu after three and a half years of service.
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“We desire investors to come into Nigeria as we are eager to have your support in growing the private sector. We have stabilised the macro economy. We have the foundation that can support more private sector activity that can boost trade and production,” Bagudu said.
In his remarks, Keiji noted that Nigeria remains a key country with a vibrant economy and significant potential. He said JICA plans to expand its activities in Nigeria, adding that the Japanese government is willing to support the country in achieving the Sustainable Development Goals (SDGs).
Outgoing representative Susumu expressed appreciation for his time in Nigeria, commending the partnership with government institutions and promising to continue facilitating projects from JICA’s Tokyo headquarters.
Earlier, Acting Permanent Secretary Dr Sampson Ebimaro highlighted the longstanding relationship between Nigeria and Japan, noting JICA’s contributions to education, health, infrastructure, peacebuilding and power development.
Recent initiatives include an innovation hub, a $238 million power project, and training programmes to build local capacity. Previous collaborations have supported malaria control, basic education and agricultural development.
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