ThisDay· 1h ago· 1 min read
By Omolabake Fasogbon
Despite economic headwinds, Nigeria has retained its position as the leading destination for French investment in West Africa, accounting for about 60 per cent of France’s investments in the sub-region.
The European nation has equally absorbed over 16,000 Nigerian workers across more than 100 companies in the country, with plans to create more jobs as its investment portfolio expands.
Consul General of France in Lagos, Laurent Favie said the development underscores France’s long-term confidence in Nigeria’s economy, revealing ’Energy’ as the core of its investments in Africa’s largest economy.
Favie, who spoke at the French National Day celebration further reaffirmed his country’s confidence in the Nigerian economy, noting that the continuous business alliance between both nations has positively impacted the populace.
He reflected on France’s long-standing…
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