Home / Special / BUSINESS / Lagos woos German investors as Charles Huber visits Nigeria
From left: Majority leader, Lagos state House of Assembly, Hon Sanai Agunbiade; chairman of the Parliamentary Group of the English and Portuguese-speaking States of West and Central Africa in the German Parliament, Mr Charles Huber; speaker of the House, Rt Hon Mudashiru Obasa; and Consul-General of Germany Embassy, Mr Ingo Herbert during German Parliamentarians’ visit to Obasa in Lagos on Monday. /© Lagos Speaker Media Team

Lagos woos German investors as Charles Huber visits Nigeria

The Speaker, Lagos State House of Assembly, Mr Mudashiru Obasa, has said that the state, Nigeria’s most populous and its economic heartbeat, remains a prime destination for foreign investors, considering its improved infrastructure and secured environment.

Obasa made the assertion when a delegation of German parliamentarians paid a courtesy call on him in his office at Ikeja on Monday, 31 October.

He said that Lagos State, with its huge economic base and potential for socio-economic growth, should be attractive to any investor.

“The state government in collaboration with the state Assembly has improved the infrastructure in all nooks and crannies of the state.

“The enactment of the Neighbourhood Safety Corps Law, which has been signed into law by Gov. Akinwunmi Ambode, has shown the commitment of the government to make the state safe for investors.

“It has also shown the state’s determination to enhancing improved security in the state, especially at the grassroots level.

“There is no doubt that Nigeria, particularly this state, is enjoying robust and cordial relationship with your country, but we will always ask for more of such collaboration,” Obasa said.

The speaker sought for more partnership in the areas of economic empowerment and social development, among others.

He said that the state government, especially the state Assembly, would continue to enact laws and put in place policies that would protect residents, investors and their investments.

The leader of the German delegation, Mr Charles Huber, lauded the existence of a cordial relationship between his country and Nigeria, with special emphasis on Lagos State.

Huber, who is the Chairman, German Parliamentary Group of the English and Portugese-speaking States of West and Central Africa, said that Lagos occupied a special place in Germany.

“There is no doubt that Germany and Nigeria enjoy cordial relationship and there is no doubt that Lagos State occupies a special place in that relationship, with many German investors and companies based in this state.

“In every relationship, there is always room for improvement and I am assuring that we will continue to improve on our relationship for the mutual benefit of the citizens of the two countries,” he said.

Huber said that his country was always ready to contribute to the development of Nigeria and Lagos in particular.

Others on the entourage were Mr Klaus-Peter Flosbach, a member of the German Parliament; Ms Renate Wolf, an interpreter and the Consul General of German Embassy in Lagos, Mr Ingo Herbert. // Niran Bada

Check Also

AfDB to help Africa ‘build back boldly but smartly’ post-Covid, Adesina pledges

“Covid-19 also opens up new opportunities and a greater sense of urgency to build Africa’s manufacturing capacity, industrial development, and critically-needed industrial value-chains that must be supported by enabling infrastructure and policies"