KPMG, an audit, tax and advisory firm, said Nigeria needs an enabling policy framework and solid infrastructure to attract foreign investments.
Emezie-Ezigbo stated: “We have to have an enabling environment and an enabling policy framework. After almost 10-15 years we finally signed the Petroleum Industry Act . That Act still hasn’t been fully implemented. That enabling environment for that natural resource sector, we need to get it right. We need to get security. If you look at mining, lots of mining is going on in Northern Nigeria, but the area is not secured so it is not attractive to investors.
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