Nigerian President attempts to woo Australian investors

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Nigerian President, Goodluck Jonathan has told Australian investors in mining that they are welcome to invest in his country’s minerals sector.

During a interaction with the investors as part of activities on the sidelines of this week’s Commonwealth Heads of Government Meeting (CHOGM), Mr Jonathan said his Administration will vigorously implement policies, programmes and projects that will ensure the rapid development of Nigeria’s solid minerals sector in the next four years, saying the way is open for business leaders in Western Australia’s solid minerals industry to invest their resources, skills, expertise and technology.

“You are well known for solid minerals and you will find a lot to do in Nigeria,” he said.

Mr. Hugh Morgan, a leading Australian solid minerals developer who co-chaired the interactive dinner, proposed the establishment of a Joint Nigeria-Australia Trade and Investment Commission to promote economic cooperation between countries.

The Minister of Trade and Investment, Mr. Olusegun Aganga who also spoke at the occasion, told the Australian investors that Nigeria had over 33 solid minerals in sufficient quantities for commercial exploitation.

President Jonathan had kicked off his pre-Commonwealth Summit working visit to Australia meeting with the Premier of Western Australia, Mr. Colin Barnett. He is expected to hold bilateral talks with Prime Minister Julia Gillard.

- NigeriaNews 24