Kwik Delivery and other French companies operating in Nigeria held a business meeting with Nigeria's Vice President, Yemi Osinbajo, who heads the country's Presidential Enabling Business Environment Council (PEBEC).
Other companies involved in the meeting included Total Nigeria, Air France and other French business leaders under the auspices of the Franco-Nigeria Chamber of Commerce and Industry. The meeting dwelled on foreign investment opportunities within the country.
The government have been putting in place policies to ensure the business environment in Nigeria is accommodating and attractive to foreign investors. The country currently sit on 131 position on ease of doing business table out of 190 countries.
But with the COVID-19 pandemic, the business environment has changed in Nigeria. Now, Osinbajo told the French business leaders that the pandemic period still has its business opportunities "for doing all manner of very innovative, and creative things."
According to Osinbajo, the President Muhammadu Buhari-led administration is willing to experiment in order to do more, “And I think that we are in a season where we are ready to experiment and ready to do a lot more.
"And if you look at our Economic Sustainability Plan, which is our response to the pandemic, what we tried to do was to do a few things that we thought would be game-changing.” Osinbajo stated in a statement seen by AllNews.
He further said that, “for example, one of the important things that we are trying to do with respect to renewable energy is with solar power. We are collaborating with several solar power companies to provide, within the next 12 months, 5 million Nigerian households with solar home systems.
“This is partly to address the issues with the national grid by providing more off-grid capacity and provide more opportunities in the renewable energy space. What we are doing is to get the financing through the Central Bank of Nigeria as part of the Economic Sustainability Plan.”