Nigeria has good incentives for investors – President Yar’Adua
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May 28, 2009, 16:08

President Umaru Musa Yar’Adua has said that Nigeria has provided good concessions and incentives for investors in all sectors of the economy.

President Yar’Adua was speaking after he received the letters of credence of the new Polish Ambassador, Mr. Premyslaw Niesolowski, at State House, on Thursday May 28.

“We have opened our doors and provided good concessions and incentives for any companies coming to use our abundant coal reserves for power generation. This is one of our priorities, and the partnership will be a win-win opportunity for Poland 0and Nigeria”, he stated.

Earlier, Mr. Niesolowski had told the President that more Polish companies, especially in the power generation sector, were interested in coming to use Nigeria’s coal to produce power, adding that his country had the largest coal reserves in the world, which was being used for power generation.

At the same ceremony, but during a separate audience, President Yar’Adua welcomed the desire of Argentina, expressed by that country’s new Ambassador to Nigeria, Mrs. Maria Susana Pataros to cooperate with Nigeria in the efforts to eradicate polio, ensure food security and biotechnology, among other areas.

He said the Bilateral Agreements between the two countries signed in 1988 should be updated, in order to enhance cooperation.

The President assured both Ambassadors of Nigeria’s cooperation in order to make their tenures successful.

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