Lagos Speaker, Obasa Urges German Companies To Invest In Lagos

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa has urged German companies to invest in Lagos State as a way of strengthening the bilateral relationship between Nigeria and Germany.
Obasa made the appeal, while receiving the Consular General of Germany, Ingo Herbert during a courtesy visit to his office in Alausa, Ikeja.
According to the Speaker, there has been a long standing relationship between Nigeria and Germany which should be consolidated, saying “the interest of Germany in our country cannot be undermined.”

While assuring the visitors of enabling environment if they invest in the state, Obasa added that the Lagos State House of Assembly would continue to make investors friendly laws.

“I want to urge you to bring your people to our country, especially Lagos to come and invest. We are assuring you of security of lives and property,” Obasa said.

The Speaker stated that the visit of the Consular General was coming at the right time, adding that “since you would be privy to our sitting today at the plenary, we would be screening and confirming some nominees of the Governor.”

According to him, the screening of the Governor’s nominees and subsequent confirmation by the state Assembly, was a justification of checks and balances, which he said that the country has learnt from advanced democracy like Germany.

The Consular General, Ingo Herbert who was accompanied by his Deputy, Santa Di Pasquale had earlier told the Speaker that they have been in the country since the last six weeks as a way of ensuring better relationship between the two countries.

In his response to the Speaker’s request for investment, the Consular General disclosed that the state Governor, Akinwunmi Ambode had made similar request.

While assuring Obasa of his country’s readiness to invest in Lagos, Herbert stated that Nigeria and Germany share similar characteristics in terms of federal structure.

The envoy explained that Germany has renewed her interest in Nigeria since the new administration came on board in May.

He also hinted that before the end of the year, Germany has arrangements to come and invest in the state.