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Nigerian Terminal Operators Call for Policy Consistency to Drive Investments

Business1 min read
Nigerian Terminal Operators Call for Policy Consistency to Drive Investments

At the 31st Annual Nigerian Economic Summit in Abuja, Frederik Klink, CEO of APM Terminals Nigeria, emphasized the importance of consistent policies to facilitate foreign investment flow into Nigeria. The roundtable panel highlighted the necessity of a regulatory environment that guarantees stability and predictability to address investor concerns.

Kashim Shettima, Nigeria's Vice President, acknowledged the country's challenges and expressed readiness to implement recommended reforms. Jobson Ewalefoh from the Infrastructure Concession Regulatory Commission noted that infrastructure issues pose significant challenges for investors.

The Bureau of Public Enterprises aims to expedite privatization and concession processes to address these challenges.

Plus234Feed summary based on reporting from Business Day. Read the original report below.

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