Port Harcourt — An investment expert, Mr Andrew Enofe has urged Nigerian investors and businessmen to diversify their funds by taking advantage of the lucrative Canadian real estate sector.
Enofe, who is the Chief Executive Officer of Golden Gate Investment made the call while speaking with journalists shortly after a meeting with potential investors and businessmen in Port Harcourt.
He said the stable Canadian economy and low inflation rate gives it an investment destination edge for most people seeking to diversify their funds.
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He held that investing ones funds in one country's economy could be risky as an economic policy could wipe it off and render the investor handicap, hence the need to diversify and look into other economies.
Enofe called on participants at the meeting to consider investing in an economy where their capital would be secured abroad while plowing back same into the Nigerian system.
He explained that through the company's facilities, Nigerian investors who wished to take advantage of the Canadian real estate sector can do that using their private funds, private mortgage funds, or real estate funds amongst others.
He said: "We're opening doors of opportunity for investors to invest in the Canadian real estate market. You can either invest in the private funds, private mortgage funds, or real estate funds, or perhaps you want to have immigration pathway for yourself and family to come to Canada. There is currency devaluation, there is inflation, strong inflation in Nigeria compared to Canada that is about 2% or 3% and Nigeria is about 18%. "
