In Berlin, Germany, Nigeria’s President Bola Tinubu declared the successful removal of obstacles impeding business operations in the country during a session with international investors.
Tinubu highlighted Nigeria’s abundant natural resources and its highly educated, skilled, and industrious population as key assets and advantages in the global competition for new investments.
Emphasizing the importance of the rule of law in attracting foreign investments, Tinubu pointed to Nigeria’s energetic youth population and well-educated populace as significant incentives for investors, drawing parallels to China’s economic resurgence.
“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 stated.
Expressing eagerness to collaborate with international partners, he underscored Nigeria’s potential, boasting the youngest, largest, and most vibrant youth population in Africa.
Tinubu outlined ongoing fiscal responsibility and tax reforms, along with financial institution reforms to accommodate foreign investments efficiently.
“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.”
Tinubu highlighted the nation’s attributes, including a well-educated populace, a massive market, and political will, positioning it for modern economic development under his leadership.
He assured the stability and predictability of Nigeria’s socio-political development, emphasizing the conducive atmosphere for business operations and investment since he assumed office in May 2023. Tinubu stated,
“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.”
