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Japan shows interest in investing in Nigeria

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Nigerian President Muhammadu Buhari welcomed the interest shown by the Japan Bank for International Cooperation and the Toyota Group to support projects which the Japanese companies would execute in Nigeria.

The president  was taking part at an investment talks with top officials of Japan Bank for International Cooperation, and Toyota Group, coinciding   with the Seventh Tokyo International Conference on African Development (TICAD 7), held  in Yokohama, Japan. The Japan Bank for International Cooperation was led by its Deputy Governor, Mr Nobumitsu Hayashi at the meeting. The bank, sources in Nigerian government said,  had  set apart resources dedicated for investment in Nigeria, particularly in oil and gas, and investments in infrastructure. Toyota Tsusho, a part of the Toyota conglomerate indicated interest in  investing in sectors like energy, healthcare and automobiles in Nigeria.

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