COMPLY WITH NIGERIA’S LABOUR LAWS, KALU URGES FOREIGN INVESTORS 08-07-24
By Sadiq Aminu The Deputy Speaker, House of Representatives, Mr. Benjamin Kalu has urged offshore companies and intending foreign investors to subscribe to the Nigerian labour laws in line with international best practices while doing business in the country.
Mr. Kalu made the call when he received a delegation from Quingdao Municipal council, China led by the Chairman of the Standing Committee of Qingdao Municipal People’s Congress, Mr. Wang Luming on a courtesy visit to his office in Abuja.
The Deputy Speaker while describing Qingdao as the China’s powerhouse in shipbuilding and construction, said both countries have enjoined diplomatic ties with mutual benefits.
Mr. Kalu said that the parliament was ready to make legislative interventions that will make the business climate more investment friendly.
He emphasized that House of Representatives is eager to engage in meaningful discussions with the Qingdao Municipal People’s Congress as part of the core engagements toward actualizing the House’s 8-point legislative agenda most especially through business and investment-friendly legislative frameworks and oversight.
“We believe that this meeting will help enhance our understanding of shared interests, strengthen partnerships in economic sectors, facilitate opportunities for Qingdao enterprises in Nigeria, and promote mutual understanding and friendship, laying a strong foundation for deepening bilateral relations.
“We can join forces to build the infrastructure Nigeria needs to thrive. From top-notch home appliances to reliable tires and delectable processed foods, Qingdao’s manufacturing muscle presents a wealth of opportunities. Imagine factories humming in Nigeria, producing these goods or even becoming export hubs to the rest of Africa.
“We are committed to taking our economic and social ties to the next level. That means fostering deeper cooperation in trade, vocational training, and cultural exchange
Earlier in his presentation, the Chairman of the Standing Committee of the Qingdao Municipal People’s Congress, Wang Luming said they came to synergize with the Nigerian government in areas of technology, vocational education and talent training to ultimately solve the problem of unemployment in the country.