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FG TO REVISIT BILATERAL AGREEMENT WITH THE GOVERNMENT OF BRAZIL.

 

BY OBED SAMBE

The federal government has promised to revisit the pending bilateral investment agreement with the government of Brazil.

The Minister of industry, trade, and investment Otunba Richard Adebayo disclosed this when he received a high powered delegation from brazil embassy in Nigeria to his office in Abuja.

Otunba Adebayo said federal government was willing to spend Nigeria’s trade and investment tentacles across the world in line with the economic blueprint of the Buhari administration.

In his remark, the Ambassador of brazil Ricardo Guerra de Araujo said that the agreement under the cooperation and facilitation investment agreement would offer Nigeria loan facility to the tune of one point one billion dollars.

He said the initiative has the capacity to create one hundred thousand jobs for the youths across the various sector.

 

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