Nigeria’s President Reiterates Commitment to Creating Conducive Business Environment for Investors

Nigeria’s President, Bola Ahmed Tinubu has reiterated his administration’s commitment to attract investments that will propel the nation on a critical path to success.

President Tinubu stated this in Berlin, Germany today at a panel discussion at the ongoing G20 Compact with Africa Summit, titled Fostering Local Value Chains and Investment In Africa-The Role Of The German Private Sector.

President Tinubu who acknowledged the numerous challenges bedeviling the African continent however assured potential investors that Africa especially Nigeria has moved beyond restrictive policies, as well as highlighted ongoing economic reforms in creating a more conducive environment for investment.

Our Correspondent, Raliat Adenekan reports that President Tinubu apprised the summit of the country’s intentional move toward developing labour-intensive sectors of the Nigerian economy for massive job creation while stressing on technological progress and new opportunities in Nigeria’s rapidly expanding information and communications technology space.

The Nigerian President also appealed to German investors to commit to establishing assembly plants, manufacturing various automotive components, and making full-fledged investments in Nigeria.

(cue in: PBT TO GERMAN INVESTORS)