NIGERIA IS OPEN TO MORE FOREIGN INVESTMENTS IN WATER SECTOR- MUSA IBRAHIM

19/07/2018

The Leader of Nigerian delegation to this year’s World Cities Summit, Singapore International Water Week and CleanEnviro Summit, the Permanent Secretary, Federal Ministry of Water Resources, Dr. Musa Ibrahim has called for more investments in the Nigerian economy, stressing that in the  water sector, Nigeria would welcome more foreign investments.

Dr. Musa stated this in a meeting with Singapore Minister of Environment and Water Resources, Mr. Masagos Zulkfilion 10th July, 2018 at the Summit in Singapore.

The 2018 edition of World Cities Summit, Singapore International Water Week and CleanEnviro Summit is a premier global platform for cutting-edge technologies and sustainability solutions. The Summit had more than 200,000 delegates from different countries and backgrounds who came together for the same purpose: to make the world a better place to live in.

It is noteworthy that Nigeria’s participation is focused on the best solutions in scaling up water supply and sanitation to be able to meet the Sustainable Development Goals 6 (SDGs 6) on water supply and sanitation. Dr. Musa invited Singapore and delegates from other countries to invest in the WASH Sub-sector of the country as Nigeria is open for more foreign investments.

He said that Nigeria has developed a model for scaling up water supply and sanitation coverage through the instrument of Partnership for Expanded Water Supply, Sanitation and Hygiene (PEWASH). The PEWASH is a good foundation towards achieving goal 6 of the SDGs and ensuring availability as well as sustainable management of water and sanitation for all.

Dr Musa was also able to secure assurances for capacity building for staff of the Federal Ministry of Water Resources on water related issues through the Singapore Cooperation Programme.

In his response, the Singaporean Minister of water Resources and Environment  noted the submission of Dr. Musa on investment opportunities in the country, but charged Nigeria to ensure that it has the necessary laws to guide investments in the water sector.

Minister Masagos emphasized the importance of international relations and trade in spurring industrial growth, explaining that the circular economy does not end at national borders due to the global nature of manufacturing supply chains.

Kenechukwu Offie (Mrs.)
Director (Press & Public Relations)

Related Posts

Leave A Reply