We’ve created enabling environment for investors – Bello

By Abdullahi Muhammad

The FCT Administration was commended recently for creating enabling environment for Foreign Direct Investment (FDI) when President Muhammadu Buhari declared open Novare Gateway Mall on the Abuja International Airport Expressway.
Represented by the Minister of the Federal Capital Territory, Malam Muhammad Musa Bello, the President commended the Novare Real Estate Africa – the property developers, for the completion of the master piece in a prime location on the gateway to nation’s capital City.
He highlighted the thrust of his Change Agenda to include restoring security, fighting corruption and rebuilding the battered Nigerian economy.
He said the first two had largely been achieved while underscoring the investment of $68 million in the Novare Mall as an indication of growing investor confidence in Nigeria.
He reiterated the necessity for the investors to emphasise local contents in the goods they would be displaying on shelf in order to promote value chain on major Nigerian products like fruits and vegetables, which he said were organic and highly recommended.
According to him, the exit of Nigeria from recession this year has vindicated the wisdom Novare Real Estate Africa has in Nigeria.
He used the occasion to call on other investors “who are still waiting on the wings to take advantage of the ripe investment climate in Abuja now, when the offer lasts.”
Speaking earlier, the Chairman, Novare Real Estate Africa, Prof. Fabian Ajogwu, noted that the facility was completed on time on budget and on scope.
He commended the minister for his various urban regeneration plans that “have improved the economic outlook of the FCT and for his proactive response to issues that were of great concern to investors thereby enhancing the ease of doing business in Abuja.”
He disclosed that among prominent tenants of the Mall were Shoprite, Genesis Cinema and many international retail outlets.

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