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10th Assembly will give priority to laws that attract foreign investments- Dep. Speaker Kalu
  • August 12, 2023
  • Unity Times

The Deputy speaker of the House of Representatives, Benjamin Kalu, has assured Nigerians and International communities that the 10th National Assembly will give priority to laws that would enable ease of doing business and attract foreign investment to the country.

Kalu gave the assurance on Friday when he hosted the Hungarian deputy ambassador to Nigeria, Gabor Krauss in his office.

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In a statement by his press secretary, Levinus Nwabughiogu, Kalu said that President Bola Ahmed Tinubu has a strong economic plan that will improve the business environment in Nigeria.

“You know if you come to African continent, the biggest market is Nigeria. So anyone who’s going to be strategically positioned to benefit from the Africa continental trade agreement cannot avoid Nigeria,” he said.

“So what you’re doing now is good for your country, by sniffing out opportunities, closer to your people to embrace.

“I want to promise that from this office which is the office of the Deputy Speaker, ours is to make sure that we provide the legal framework that will enable foreign direct investments and increase confidence in the business environment.

“All policies that will have to increase the confidence of investors, we will make sure we champion that through legislative interventions.

“Because we have seen, though from another arm of government, that the current president means well for the nation.

“Being a man who has been in the private sector for many years, public sector as a governor, as a member of the parliament who has done critical analysis, I can assure you he has a sharp focus on what he wants to do in Nigeria, economically speaking.

“We are here to give him all the support, so any foreign direct investor that wants to come in should have at the back of their mind, that he’s only going to get support from the executive but the legislature is another place they can run to for comfort.

“We will make sure we fine tune all the areas of bottlenecks to enable new companies spring up.”

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