Nigeria Investment Promotion Council NIPC has said that Japanese companies operating in Nigeria have risen from 32 in 2019 to 43 at the moment. The NIPC has thus ranked Japan in No 5 among top foreign investors in Nigeria. The Nigerian Embassy in Tokyo has also confirmed the development. The Chargé d’Affaires, of the Embassy of Nigeria in Tokyo Japan, Dr. Tope Adeleye Elias-Fatile said this in a statement to commemorate the 60th anniversary of Nigeria.
According to him “Despite current challenges, we still have good news and reasons to celebrate. After the successes of the events in 2019, we were recording steady improvements in trade and economic relations between both countries prior to the outbreak of Covid-19. The indicators include the increase in the number of Japanese companies in Nigeria from 32 in 2017 to 43 today.’