Financial investment inflow into Nigeria, Ghana, others to hit $75bn by year end– Osibanjo– Punch Newspapers

Vice-President, Prof. Yemi Osibanjo on Thursday explained the continent of Africa as a land of enormous opportunities, noting that Foreign Direct Investment inflow into the region is expected to strike $75.5 bn by the end of the year.Osinbajo specified this in

Abuja at the opening session of a two day high level policy and economic sector forum on trade and financial investment assistance for development.The occasion was hosted by Nigeria in cooperation with the ECOWAS Commission,and the World Trade Company amongst others.He stated the expected financial investment inflows of$75.5 bn into the region would be far greater

than the $56.5 bn tape-recorded in 2016. He said,” We remain in a time of important difficulties and in a time of

substantial opportunities, our population will equal the population of India and China together by 2050.”Some say so previously, by same year we will have the youngest population on the planet, environment change

has great effect on Africa than else where and security obstacles stubbornly remain in a number of our states.”Yet customer’s costs is forecasted to reach$ 1.4 tn in the next few years and company to business spending to reach $3.5 tn in the next eight

years.”African economies are doing much better than before regardless of the tough worldwide economic environment, Gdp growth rate with average 2.2 percent in 2015 is estimated to increase to 3.4 percent this year and to 4.3 percent in 2018 all above international average. “(Checked out 306 times, 306 visits today) Get Alerts on: Whatsapp: +2349090060943, Twitter: @MobilePunch, BBM: C003D3DC0 Share your story with us: SMS: +2349090060943, Whatsapp: +2349090060943, Email: