President Bola Tinubu announced that his administration has successfully eliminated all barriers that were impeding businesses in Nigeria.
He made this declaration during a speech to international investors in Berlin, Germany.
The statement was released by Ajuri Ngelale, the Special Adviser to the President on Media & Publicity.
Tinubu also informed international investors that Nigeria’s people, who are well-educated, highly skilled, and naturally hardworking, are the country’s main asset and advantage in the global competition for new investments.
The Nigerian leader emphasized that while promoting the rule of law is important for attracting foreign investments, Nigeria’s energetic youth population and well-educated citizens are the greatest incentive for investors to replicate China’s economic success for the benefit of both parties.
“We are dogged in our pursuit of natural gas development today, in tandem with hydrogen production for tomorrow. The world knows Nigeria as a leader in the energy sector. Our vast gas deposits and business-friendly environment make us an attractive investment destination.
“But we are going a step further now. We are creating fiscal responsibility and tax reforms as we reform our financial institutions to expeditiously accommodate foreign investments,” Tinubu said.
”We are eager and ready to partner with you. We have the youngest, largest, and most vibrant youth population in Africa. Equally, we have every ingredient required in the making of a modern economy: a well-educated population, a massive market, and the political will to bring it all together under my leadership.
“Nigeria has consolidated on its democracy with several consecutive handovers of power. There is stability and predictability in the socio-political development of our country, which provides a conducive atmosphere for business operations and investment. Your money is safe.
“Since I assumed office in May 2023, we have embarked on transformative changes, removing all obstacles hindering businesses. We are reforming the economy based on the principle and philosophy of good governance,” Tinubu said.
