Abuja (WorldStage Newsonline)-- The Federal Government of Nigeria has assured international community of the safety of investors' funds in the country.
Vice President Namadi Sambo who gave the assurance when the Deputy Prime Minister Turkey, Mr. Bulent Arinc paid him a courtesy visit in his office at the State House said it was based on the series of mechanism been put in place to scrutinize funds coming into the country.
He also assured the visiting Deputy Prime Minister that government was determined to deliver on good governance.
The Vice president told his guest that investors funds were secured “as arrangements had been concluded with the World Bank and other reputable financial agencies around the world for proper securitization of investors’ funds through the issuance of Sovereign National Guarantee. He stated that the Federal Government was determined to fight corruption and has adequately planned to strengthen the anti-corruption agencies for more effectiveness.
While stating the cordial relationship that exists between Nigerian and Turkey, the Vice President further stressed the need to build on the existing bilateral relationship for both countries mutual benefit. He thanked the Deputy Prime Minister for his observation on the April elections which he confirmed to be transparent, free and fair.
He explained that the agenda of the administration include changing the socio-economic status and improving the standard of living of Nigerians and to ensure that Nigeria is one of the most developed countries by the year 20:2020.
He expressed optimism that working with a country like Turkey will help Nigeria attain these feats. Specifically, the Vice President noted that the priority of the government is to deliver on power, improve the standard of Nigerian refineries, construct more of such refineries, build additional petro-chemical plants, add more gas capacity development plants, build more fertilizer blending plants and develop both hydro and thermal power plants.
On transportation, the Vice President noted the effort of the government to rehabilitate the existing abandoned railway infrastructure, build more new standard gauge railway lines, complete the dredging of both River Niger and River Benue, build additional seaports and improve the standard of Nigeria’s
airports for commercial advantage. He also promised that government was determined to improve the value chain of agriculture by increasing yield per hectare, storage and marketing.
The Vice President thanked the Turkish Government for building international schools in Nigeria from primary to tertiary levels and the current hospital under construction. He noted that when completed the hospital has the capacity to help in addressing movements of Nigerians seeking medical attention abroad and help in Nigeria’s effort for proper healthcare service delivery to its citizens.
The Turkish Deputy Prime Minister stated that he was in the country to attend the D8 meeting and used the occasion to meet with the Vice President to further strengthen the good bilateral relations that exist between the two countries. He noted that President Goodluck Jonathan’s last visit to Turkey was
a memorable one coming with over 10 ministers and over 100 businessmen. He noted that during the visit, numerous bilateral agreements were signed and others are still being considered but the one his country attaches more importance to was the one on International Taxation Agreement for the provision of business agreements in both countries to which he thanked the Nigerian Customs Service and the Immigration Service for the cooperation in seeing to its fruition.
He further expressed support for their entrepreneurs investing in Nigerian market but that the greatest investment is in human beings. He used the occasion to enumerate the number of Turkish international schools currently existing in Nigeria and the Turkish hospital currently under construction
Story by Victor Iluyemi (info@worldstagegroup.com)
Website of some of the Gulen Schools
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