Muhammad Bello, Minister of Federal Capital Territory (FCT) has called for foreign direct investments in waste management in the Nigeria’s capital city.
Bello who spoke in Abuja, during an interactive session with delegation of non-career Nigeria Ambassadors designate, also solicited for foreign direct investment for Lot 2, Lot 4 and 5 of the on-going Abuja Light Rail project.
The Minister who noted that opportunities abound in waste management sub-sector for any would be genuine investor, assured that Abuja city provides one of the best economic opportunities for big businesses to harness.
“We have what we call the Abuja Rail Mass Transit System which is under construction on the basis of six Lots. Already, Lots 1A and 3 are being funded by the Chinese Exim Bank and hopefully that would be completed by the first quarter of next year.
“But there is opportunity for the Lots 2, 4, 5 and 6. So, these are some of the areas that when you get fully settled, we may be able to communicate with you on some of these issues,” he noted.
The Minister also admonished the Ambassadors designate to always promote and project to their host nations various investment opportunities in Nigeria, especially the huge business prospects in waste management in the Federal Capital Territory.
Bello said that the presence of good infrastructure as well as the relative peace and security in the Territory combined with its massive population, will surely make Abuja a preferred destination for investors to do business and reap huge benefits.
“One area that we want you to consider as you discuss Abuja with your host nations is the area of waste management.
“For those of you that are in Europe, we understand there is a lot of funding for green projects of such nature. These are areas that the we would be very interested in,” he said.
Bello emphasized that apart from its huge population and location advantages, the Territory is well connected to Europe through a number of air carriers that fly in and out of Abuja on a daily basis as well as a number of other West African countries, including East and South African countries.
Earlier in his remarks, Ambassador Sola Enikanolaiye, leader of delegation explained that the purpose of the visit was to introduce the Ambassadors-designate to the Minister and find out some of the potentials in the FCT in terms of the economic and investment opportunities.
Ambassador Enikanolaiye who doubles as Permanent Secretary of Ministry of Foreign Affairs, noted that the FCT Administration could assist the new Envoys on how to project and promote the priorities of government, particularly, those in the Federal Capital Territory.
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