The Minister who was delivering the keynote address at the opening ceremony of the 2015 annual conference of Defence Advisers/Attaches at the Defence Intelligence Agency headquarters in Abuja on Monday said that US investors are considering investing $11.5 billion.
At the event with the theme ‘Enhancing the Defence Attaché System towards a Sustainable National Security in Nigeria’, the Minister explained that they plan to invest $5 billion in Nigeria’s agricultural sector; $5 billion in power sector, and another $1.5 billion in the nation’s health sector.
Dan-Ali who expressed concern over what he described as the resurgence of extremism, geo-politics, ethno-religious and sectional conflicts in the country also stated that the Federal Government was determined to ensure substantial investments in the Armed Forces’ personnel and operational communications equipment.
“He (President Buhari) similarly embarked on consultations with major powers like the United Kingdom, France and the United States.
“Furthermore, he has made presentations at the G8 Summit and the United Nations; iIn all these engagements, he solicited cooperation and assistance in ending the Boko Haram insurgency which all came with tangible responses and promises of deepening cooperation with the country.
“For instance, some of the more fundamental benefits of the President’s trip to the US include: the proposed $2.1 billion fund from the World Bank for the redevelopment of the Boko Haram battered North East; $5 billion from the US investors in Nigeria’s Agricultural Sector; $1.5 billion investment in the health sector; and another $5 billon investment from the US in our country’s power sector,” the Minister stated.
He urged all the nation’s Defence Attaches and Military Advisers to ensure the a robust productive relationship with their host countries based on the principle of mutual respect and cooperation.
TheNation
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