The Minister of Finance, Doctor Mansur Muhtar, says the country is poised to attract more foreign direct investments with the current relative stability in the exchange and inflation rates.

Speaking at an interactive forum hosted by the Presidential Committee on Tariffs and Fiscal Incentives in Abuja, Doctor Muhtar said the macro economic outlook for this year was promising, especially in attracting investments to the agricultural sector.

He said the banking reforms would be deepened and show more positive results, with the establishment of an Asset Management Company.adding that it would also facilitate the diversification of the economy, with the agricultural sector on top of the list.

Also speaking, Governor Bukola Saraki of Kwara State, disclosed that agriculture contributed more than forty per cent of the GDP in two thousand and nine, employing more than thirty-one million people.

He said more than six billion dollars was spent every year to import agricultural products into the country, which could have been committed to improving the sector.

An international farmer with investments in Kwara State, Mr. Chris Okeke, stressed the need to review the agricultural policy to be more focused on diversification of the economy.

He said government should grant tax holidays to farmers and create waivers for importation of farm equipment such as tractors.