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Improve Power Supply to boost Foreign Direct Investment, German envoy urges Nigeria
['African Examiner']
Personality Profile | African Examiner
Improve Power Supply to boost Foreign Direct Investment, German envoy urges NigeriaBy Eric Ojo, AbujaBALTIMORE, MD, (AFRICAN EXAMINER) – The Ambassador of Germany to Nigeria, Michael Zenner has reiterated the need for the Nigerian government to improve power supply and enact more investor-friendly laws and regulations in order to attract additional Foreign Direct Investment (FDI) to the country.
“We have three projects located in Niger State, Sokoto State and in Cross River State respectively.
It is important for a village or a small town to have their own power supply.
“The KfW, the German development bank is involved in Nigeria with $200 million in the setting up of the Nigerian development bank.
“It is very important to state that Nigeria is among the few countries with which Germany has a Bi-National Commission with.
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