Minister of Finance, Wale Edun, has said that Nigeria secured a $7 billion Foreign Direct Investment, (FDI), in order to boost the countrys oil and gas sector.
Edun disclosed this during an interview in a television programme at the weekend.
In terms of figures, seven billion dollars is estimated to come in from the oil sector, with another major improvement in the economic environment, the national single-window project, which is an e-community and trade facilitation platform, which will revolutionise what goes on at the ports, he said.
Meanwhile, in the last year, several multi-nationals, which include: Kimberly-Clark, Procter and Gamble (P&G), GlaxoSmithKline (GSK), Unilever, Sanofi-Aventi Nigeria, manufactures of Huggies and Kotex brands of diapers, Kimberly-Clark, announced exit from Nigeria over harsh economic realities.
However, Edun has explained that the multinationals exiting Nigeria do not have a liquid foreign exchange market.
