By Abdulfatah Babatunde
The Tinubu Media Volunteers (TMV) has praised the African Petroleum Producers’ Organisation (APPO) for citing its Africa Energy Bank headquarters in Nigeria.
In a statement emailed to TheNeewsZenith, on Wednesday, TMV noted that locating the head office of the $5 billion Africa Energy Bank in Nigeria “shows that Nigeria remains a viable investment destination”.
TMV’s Chairman and Secretary, Chukwudi Enekwechi and Sunday Gyungoun respectively, signed the statement, praising President Bola Tinubu as deserving credit for making it happen.
“So much has been said about Nigeria and foreign investments, but the decision by the APPO to select Nigeria over five other countries is a reflection of it’s improved attraction power on the watch of President Tinubu.
“Our country remains a choice destination for foreign investments in Africa.
“We are convinced that we won the right to host the headquarters of the $5 billion African Energy Bank.
“This is based on the proactive and visionary leadership of the President.
“It is a positive proof of President Tinubu’s strength in lobbying and international politicking.
“It is also a sign that there are more to come for Nigeria under this administration,” TMV stated.
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The group also noted that with Nigeria hosting the bank headquarters, the country stands to benefit immensely.
Nigeria, TMV said, stands to benefit in the area of Foreign Direct Investments (FDIs) and an increase in foreign exchange inflow.
This is due to transactions between major players in Africa’s energy sector.
“Furthermore, the presence of the bank will make Nigeria a financial hub for the energy industry players in Africa.
“This is aside being a major boost to the country’s standing as an investment destination.
“We hope that this will make the rest of the world see the bigger picture of the immense investment opportunities in Nigeria.
“We also look forward to more of such morale-boosting investments in the country,” TheNewsZenith quotes TMV as stating.
The groupurged Nigerians to continue to support the Tinubu Administration in rejuvenate the country’s economy.
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