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FG Welcomes Investment by Silicon Valley Economic Development

The Federal Government has expressed strong support for fresh international investments being channelled into Nigeria through the efforts of the Silicon Valley Nigeria Economic Development (SV-NED), as it hosted a high-level delegation of investors from Vietnam in Abuja.

Led by Allen Le Nam, Chairman of Allen Le & Partners, International Investment Consulting Joint Stock Company, the delegation met with the Minister of Solid Minerals Development, Dele Alake, alongside SV-NED executives headed by Amina Temitope Labinjo-Ajayi.

Speaking after the closed-door meeting, Alake confirmed the government’s interest in the initiative and described the engagement as a welcome development for the country’s economic growth.

“We are delighted by the coming of Mr. Allen Le. We had a discussion with the delegation and SV-NED management. It is not yet time to open our discussions,” Alake was quoted in a statement.

Le pledged to mobilise multi-billion-dollar investments into Nigeria, particularly in sectors such as mining, green energy, aviation, and housing. He emphasised that the private sector should be recognised as the engine of national development.

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