Amid the campaign to lure foreign direct investment portfolio, the Nigeria Export-Import Bank has remarked that investors in Nigeria earn about 30 per cent return on their investments (ROI).
Stela Okotete, the Executive Director of Business Development, NEXIM, had been the one to make this disclosure recently in Abuja while hosting to the Mexican Ambassador to Nigeria, Alfredo Miranda.
Okotete had called for a partnership between the country and Mexico to widen the access to Nigerian goods in the Mexican market.
The NEXIM boss had also said that a collaboration with Mexico would visibly uplift the country’s foreign exchange earnings, draw in more investment opportunities and eventually promote prosperity for the citizens of both nations.
Okotete, who made use of the opportunity to showcase Nigerian-made export goods financed by the bank, had additionally, highlighted other investment opportunities available in Nigeria, according to a statement issued by the bank in Abuja on Sunday, November 26.
She finally, assured investors of substantive profit opportunities upon investment in Nigeria, particularly within the non-oil sector.
In her words:
“We are talking about, in some cases, 30%, between 7% to 30%; you won’t get this profit margin anywhere but in Nigeria. Therefore, in terms of return on investments, this [Nigeria] is the best place you can invest in.”
