AICL CEO, Tamuno Seeks Economic Ties With Foreign Affairs Ministry

Group managing director/CEO of Abuja Investments Company Limited (AICL) Maureen Tamuno has paid a courtesy visit to the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, to discuss potential collaboration on strategic partnerships aimed at stimulating economic growth and investment in the Federal Capital Territory (FCT) and beyond. 

According to the head of PR and Communications of AICL, Fatima Nadada, the high-level engagement underscores AICL’s commitment to fostering robust partnerships that align with the economic development goals of the present administration of President Bola Ahmed Tinubu. 

According to the statement, “During the visit, both parties discussed various strategic initiatives for enhancing foreign investments and economic collaboration. The GMD highlighted AICL’s ongoing projects and plans that could benefit from the support and cooperation of the Ministry of Foreign Affairs. 

“She also explained strategic steps for creating an industrial / tech hub to foster growth in the energy, tech, garment, and food sectors by attracting foreign investments, enhancing production capacities, promoting Nigerian products in the international markets, and leveraging AGOA to enhance Nigeria’s export capabilities, particularly in the food, film, and garment industries, through improved framing, packaging, and compliance with international standards. 

“Also, avenues for promoting Foreign Direct Investments (FDIs) that will attract more FDIs into Nigeria through collaborative efforts and leveraging the Ministry’s diplomatic channels and development of initiatives to engage the Nigerian diaspora in economic activities and investment opportunities in the Federal Capital Territory were discussed. 

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In his remarks, the minister of foreign affairs expressed appreciation for AICL’s proactive approach and reiterated the Ministry’s commitment to supporting its initiatives. He emphasised the importance of public-private collaborations in achieving sustainable development and assured AICL of the ministry’s full backing in their endeavours.