The Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, has said that foreign investors were impressed with Nigeria’s economic performance at the just concluded World Economic Forum in Davos, Switzerland.
Okonjo-Iweala said this while speaking at the Creative Industry Awards organised by Creative Entrepreneurs Association of Nigeria.
She received an award for the best overall contributor to the development of the Nigerian creative industry in 2013.
"Contrary to the image that many try to promote, of lack of hope, negativity and the country not doing well, the overall assessment is that in spite of the problems we have, Nigeria is a country to be celebrated," she stated.
According to the Minister, Nigeria has very creative entrepreneurs, who are working against all odds to help drive the economy:
"It’s a country of spirit, entrepreneurship, drive of creativity and that was what we saw in Davos, and I want all Nigerian people to hold on to it that this country is a country that we can be proud of," Okonjo-Iweala said.
She reminded that Nigerian economy has shown a steady seven per cent growth over the past few years.
Such a vibrant economy, the Minister said, gives the means to address the exiting problems of unemployment, inequality, and exclusion.
Okonjo-Iweala also stated that Nigeria "has earned its place as the preferred destination for foreign investment in Africa," which is also driving fueling its economic development.
The Minister's statement has followed a joint critique by the major parties that blamed her for the country’s economic troubles and especially for the imposition of economic policies designed by the International Monetary Fund (IMF) and the World Bank.
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