Former President Olusegun Obasanjo has described the commissioning of British American Tobacco Nigeria head office, which is located in Ikoyi, Lagos, as a major milestone and also a testament to government’s efforts geared towards attracting foreign direct investment (FDI). Tracing the return of BAT to Nigeria, which began with the signing of a Memorandum of Understanding between the government and the company in 2001, Chief Obasanjo said that BAT was among the first companies that heeded his government’s invitation to invest in Nigeria.
Praising the role of the private sector in economic development and jobs creation yesterday at the commissioning, Chief Obasanjo, who was the chief guest at the event, highlighted the important role that companies such as BAT play in the country. “Almost a decade and a half after the signing of the MOU, we are again at BAT to witness another milestone. I’m particularly delighted because this head office building showcases faith in Nigeria and BAT’s continued investment in Nigeria,” added Chief Obasanjo.