Japanese Businesses Seek to Create Jobs in Nigeria

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  • Japanese Businesses Seek to Create Jobs in Nigeria

The Japanese Ambassador to Nigeria, Mr. Sadanobu Kusaoke, has pledged his country’s participation in Nigeria’s economic diversification programme through the expansion of Japanese businesses in the areas of agriculture and mining.

According to him, this will also boost the job creation efforts of the Federal Government.

A statement by the Deputy Director, Press, Ministry of Labour and Employment, Mr. Samuel Olowookere, said Kusaoke made the statement during a courtesy visit to its office in Abuja.

The ambassador tied the job creation efforts of the Federal Government to Nigeria’s ability to expand existing businesses, while creating opportunities for new ones, saying that his country would encourage more Japanese investment in Nigeria.

He also commended the anti-terrorism and anti-corruption efforts of the present government and its determination to protect foreign investors.

Kusaoke was quoted to have said, “We are very hopeful that the government policy is going to do well in three important areas of anti-terrorism, anti-corruption and economic diversification. But I believe economic diversification is the area where the Japanese are most useful. We have a lot of contributions to make to the diversification of the economy.

“I think first of all, we want to encourage Japanese businesses through investment here. We want to expand our existing business in Nigeria and such expansion is the most important factor to improve the labour or employment situation.

“In the last one year, there are four instances of Japanese companies that have opened businesses in Nigeria in auto-motorcycle, beverage and chemical manufacturing. Some are in joint partnership with Nigerians.”

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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