'No economy in the world has potential like Nigeria,' Senate President says

Saraki also said that the Senate under his leadership is working on several bills that will make it easy to do business with great rate of returns on investment.

He made the comments in Germany during discussions on how to create stronger economic ties between Nigeria and the European country.

“I am happy at the coincidence that as we are visiting you, you at your plenary session are discussing the role of Europe in Africa,” Saraki said according to a statement released by his media aide, Yusuph Olaniyonu.

“Though a lot is already happening in our relations with your country, however, we need more German investments in our country, even as we take deliberate, well planned steps to diversify our economy and pay more attention to agriculture, mining of mineral resources and manufacturing.

“No economy in the world has the kind of potentials that Nigeria has and if we talk of Africa, you are talking of Nigeria as the leader. We, in the parliament, are working on several Bills that will open up the economy and make it easy to do business with great rate of return on investment,” he added.

Saraki also explained the various measures introduced to fight corruption and entrench transparency in the public sector.

He further assured members of the German-African business community and the Parliamentary Friendship Group that various laws that will ensure easy entry and exit into the economy as well as dispute resolution and contract enforcement that comply with global best practices are being enacted.

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Saraki led a five-man delegation of senators to Berlin in a bid to strengthen economic ties between Nigeria and Germany.