Nigerian economy viable, safe for investors – Saraki

Saraki mourns Sen. Mustapha Bukar

Nigerian economy viable, safe for investors – Saraki

By Musa Muhammed, Abuja

Senate President Bukola Saraki on  has urged foreign investors  to invest in Nigeria economy because the country’s economy is viable and safe for investments.

Saraki made the appeal on Wednesday at the 9th Regional Conference of International Transport Federation (ITF)

foreign investment.Wednesday opened the 9th Regional Conference of International Transport Federation (ITF) tagged“Transport Workers Building Power in Africa’’.where he described Nigerian economy as viable and safe for foreign investment.

The Senate President, who was represented by Senator Gbenga Ashafa, Chairman Senate Committee on Land Transport at the conference, said for ITF to host the conference in Nigeria, goes a long way in showing how viable Nigerian economy is.

“It is very important to note that in any country transport workers are very important because you find them in all sectors for movement of human beings or goods. For hosting the conference here means that Nigeria is labour friendly, all these point to the fact that Nigeria is very relevant in global economy politics,”Saraki said.

“ Nigeria being chosen, sends a signal to the outside world that you can come to Nigeria to invest through foreign direct investment.Employment will go up; there will be introduction of modern technology in our transport system, “ he said.

Saraki said the power and relevance of transportation and the transport sector all over the world cannot be overemphasized, adding that the sector plays crucial role toward exploration and connection to the world for globalisation.

Senate president said ITF and related bodies should create viable and realistic policies that are critical in reducing the frequency of strike among labour movement globally.

The General Secretary of ITF, Stephen Cottons, said the conference was brought to Nigeria because of its strong affiliated unions and work forces in Nigeria.

Cottons, who disclosed that ITF has over 20 million transport unions globally, with the regional conference held every four years, said the conference was focusing on woman and youths with discussion on workers’ welfare and more women involvement.

Ashafa, said the National Assembly enacted Nigeria Railway Bill 2016 and the National Transport Commission Bill, adding that the railway bill is to bring in private participation in rail as the government improve on what is on the ground.

The National President, Nigeria Union of Road Transport Workers(NURTW), Najeem Yasin, commended the Federal Government for the laudable initiatives by the Ministry of Transportation.

Yasin some of the initiatives were the promotion of transport strategies and helping in reducing poverty and stimulating growth.

According to him, the purpose of the conference was to allow Africa affiliated unions to appraise the implemented regional work programme and identify the challenges ahead.

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