Lagos safe for foreign investors, Obasa assures German envoy

Lagos safe for foreign investors, Obasa assures German envoy

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Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has stated that the state remains the best destination for foreign investors, particularly those from Germany, with its improving infrastructure and secured environment.
Obasa, who played host to a delegation of German Parliamentarians on Monday, said that the state with its huge economic base has the potentials for socio-economic growth which is an incentive for investors.
He said, “The state government in collaboration with the state Assembly has improved the infrastructure in all nooks and crannies of the state. The enactment of the Neighbourhood Safety Corps Law and its being signed into law by the state Governor has not only showed the commitment of the government to make the state save for investors but has also improved security in the state especially at the grassroots level.”
Obasa, therefore, sought for more collaboration from Germany especially in the area of economic empowerment and social development, adding that, “here is no doubt that Nigeria, particularly this state, is enjoying robust cordial relationship with your country but we will always ask for more of such collaborations particularly in the areas of economic empowerment and social development”.
He further stated that the state government, especially the state Assembly would continue to enact laws and put in place policies that would protect not only the general public but also protect investors their investments.
The Leader of the delegation, Mr. Charles M. Huber, who is the Chairman of the Parliamentary Group of the Englsh and Portugese-speaking states of West and Central Africa in the German Parliament, acknowledged the existing cordial relationship between his country and Nigeria with special emphasis on Lagos State.
“There is no doubt that Germany and Nigeria enjoy cordial relationship and there is no doubt that Lagos State ocuppies a special place in that relationship with many German investors and companies based on this state,” he said.
Huber assured that his country is always ready to contribute to the development of Nigeria and Lagos in particular. “In every relationship there are always rooms for improvement and I am assuring that we will continue to improve on our relationship for the mutual benefits of the citizens of the two countries,” he said.
Others on the entourage of the German Parliamentarians included another member of the German Parliament, Mr Klaus-Peter Flosbach; an interpreter, Ms Renate Wolf; and the Consul General of German Embassy in Lagos, Mr Ingo Herbert.
The Majority Leader of the House, Hon Sanai Agunbiade; the Deputy Majority Leader of the House, Hon. Olumuyiwa Jimoh; the Chairman of the House Committee on Information, Strategy and Security, Hon. Tunde Buraimoh; the Chairman of the House Committee on Arts, Culture and Tourism, Hon. Desmond Olusola Elliot; and the acting Clerk of the House, Mr Azeez Sanni; joined the Speaker in receiving members of the delegation.

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