President Muhammadu Buhari has assured existing and potential investors in Nigeria of adequate protection of their lives, investments and property, as the security situation in the country was improving.
He was speaking at a bilateral meeting with President Jacob Zuma of South Africa, late Monday in New York, on the sidelines of the 71st Session of the United Nations General Assembly.
Buhari said Nigeria was working hard to diversify the economy and expressed willingness to collaborate with South African businessmen especially in the areas of mining and agriculture, for the mutual benefit of the two countries.
The assurance comes amid strained relations between Nigeria and some South African companies which in recent week have indicated they are pulling out of Africa’s most populous country and until the ongoing oil industry recession, its biggest economy.
In his remarks, meanwhile Zuma recollected his visit to Nigeria earlier this year, which he described as “very successful.”
He added his country was interested in the promotion of economic and trade partnerships between the two countries.