Nigeria`s Vice President, Namadi Sambo, says tremendous progress has been achieved in
the implementation of the decisions of the Honourary International Investors
Council in its twelve years of existence.
At the opening of the 13th Meeting of the HIIC
in London, today (Thursday), Vice President Sambo said "much action has been taken and
significant progress has been made" in implementing the decisions taken at the
11th and 12th Sessions in Paris and Abuja, respectively.
He further said
three out of the ten new thermal power plants in Nigeria, were already adding power supply
to the national grid, while the others were at 90% completion.
The Vice President said the port reforms had been so
successful that goods were now being cleared within an average of 48 hours,
from the previous time of between four and eight weeks.
He also spoke of the great improvement in meeting the
security challenges, especially in the North, job creation, agriculture, as
well as the progress already recorded in checking crude oil theft.
Vice President Sambo said after twelve years, Government
was committed to reviewing the implementation of the decisions of the Council,
in order to achieve even greater success.
Earlier, the Coordinator of the Council, Baroness Lynda
Chalker had briefed the Vice President on the activities of the Council.
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