Amaechi calls for German investment in Nigeria

Governor Rotimi Amaechi of Rivers State has called on German investors to take advantage of the vast area of land in Nigeria and invest in agriculture.

Amaechi, also Chairman of the Nigeria Governors Forum ( NGF ) made the call on Wednesday in Berlin, the German capital.

Amaechi and five other governors are on a tour of Germany to understudy its federal system of government with a view to replicating its best practices in their states.

The tour was the result of the collaborative effort between the NGF and the German Agency for International Cooperation (GAIC).

The governors, from Enugu, Niger, Plateau, Borno and Katsina states, are paying special focus on Germany’s administrative system, fiscal policy and the establishment and sustenance of small and medium scale enterprises.

They are also expected to meet and woo prospective European investors to their respective states.

“I will urge you to please come to Nigeria because of its vast land and invest in agriculture and your return will be quick.

“ I am sure that if you do the computation, you will see that it will be cheaper to invest in agriculture.

This he said would not only help boost the economy of the country, but would reduce the number of unemployed youths in the country.

He added that there were other areas of investment in Nigeria that could guarantee quick returns because of its large population backed by purchasing power of the citizens.

Such areas, he said, include electricity, education and transportation among others.

NAN reports that GAIC was presently helping to grow small businesses in some states in Nigeria.

The German government had also entered an agreement with the federal government to help strengthen the country’s institutions as well as provide managerial training in Nigeria’s energy sector to help address the challenges in that sector (NAN)