News Column

Ghana Urged to Position Self for Nigerian Investments

May 30, 2014

Masahudu Kunateh

THE Chief Executive Officer of Nubuke Investments, Tutu Agyare, has challenged Ghana to position itself as an investment destination for Nigeria.

He urged businesses to make the most of the growing number of Nigerians visiting the country.

Speaking at the 12th MTN Business World Executive Breakfast meeting, the second of the 2014 edition of the series, Tutu Agyare encouraged Ghana to leverage on the opportunities for more investments.

"The Nigerians are sometimes perceived to just be using here (Ghana) as a leisure destination but trust me they are really looking for investment opportunities.

"Nigeria imports 2,000 tonnes of salt a year from Brazil; we have extra ordinary salt potential which is hugely underutilized. Why don't we get Nigerians to partner with to get round the issues of importing salts into their country," Agyare said.

The Director of Marketing and Public Relations at the Ghana Investment Promotion Centre (GIPC), Edward Ashong-Lartey noted that, in 2010 Nigerian businesses accounted for about 60 percent of foreign investment in Ghana.

The number of Nigerians in Ghana is unknown.

However some argue that Nigerians in Ghana are between 2 million and 3 million.

The MTN Executive Breakfast series, which is in its fourth year, has become the leading platform for executive briefings and networking for CEOs, senior management professionals and entrepreneurs in Ghana

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: AllAfrica

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