President Muhammadu Buhari on Friday said his administration will make Nigeria attractive for business and investments.

Buhari said this in his statement at the ninth summit of the D-8 Organisation for Economic Cooperation at Istanbul, Turkey.

What he said:

• Economies that promote trade and investment grow faster.
• His administration is committed to creating an enabling environment.

He said, “Nigeria is committed to, and is actively pursuing a policy of trade and investment facilitation for growth.

“The gains from trade are reflected in greater competitiveness, improved productivity, job creation, consumer welfare and prosperity.

“Economies that grow fastest and at more sustainable rates are those that actively promote trade and attract investment.

“We are committed to creating an enabling environment and making Nigeria an attractive place for business and investment.”

• He added that developing countries must continue to enhance the enabling environment for it to thrive.

“I am pleased to inform you of positive market developments currently in Africa, that will support our efforts as members of the D-8 to enlarge our markets, facilitate our trade and investments, and develop our economies.

“In Africa, we are on the threshold of finalising negotiations to establish the first ever Single Market for Trade in Goods and Services on our continent, in the Continental Free Trade Area for Africa. This will be a win-win for all, including member countries of the D-8.

“As partners, I urge that we work together to support this effort of the African Union that will have a positive effect on global economic development and integration,” he added.

• He thanked the President of Turkey, Recep Erdogan, for his concern during his recent health challenge.

“I wish to express my sincere gratitude to Your Excellency, for your concern and sympathy during my recent health challenge from which I have recovered, not least because of your prayer and the prayers of many other well-wishers and sympathisers,” he said.

Azeez