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Finland has confidence in Nigeria’s economy, envoy assures

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Finland is confident that Nigeria remains the economic hub of Africa, despite the Boko Haram insurgency in the North East.

 

Riitta Korpivaara

Finnish Ambassador to Nigeria, Riitta Korpivaara, told TheNiche in Helsinki, Finland that the security challenges will not discourage Finnish investors from investing in Nigeria.

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She assured investors of their safety and security of property, stressing that the Nigerian government is doing all it can to tackle insecurity.

 

Korpivaara bared her mind during a meeting with Finnish investors in Helsinki who are willing to invest in East and West Africa, stating that Finland is increasing its presence in Nigeria.

 

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To strengthen trade, bilateral and investment relationship between the two countries, more Finnish companies have shown interest to invest in energy, agriculture and infrastructure and other sectors in Nigeria.

 

“Finnish investors want to invest in the energy sector to help boost Nigeria’s power supply, encourage industrialisation, revive the economy, accelerate growth and development, and reduce poverty,” Korpivaara said.

 

She added: “Nigeria is a big country that cannot be ignored. There are a lot of natural resources in the country. Oil is there, the population is a big plus, favourable geographical location, good weather, the growth in GDP, the economic growth, improved business environment.

 

“We have great confidence about the future of economic growth in Nigeria, that is why many Finnish investors want to come to Nigeria. That is why we are here to encourage Finnish investors who are willing to invest in Nigeria to come and invest their capital as the country has great potentials.”

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