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President Buhari makes promise to business men and women


President Muhammadu Buhari has sent a
message of assurance to potential investors
that Nigeria would soon be one of the most
attractive places to invest.
The president gave this assurance when he
spoke at the US Africa business forum on
the side-line of the United Nations General
Assembly.
In a statement issued by Femi Adeshina who
is the special adviser to the president on
media and publicly, Buhari said his
administration has embarked on significant
economic reforms to realize that goal.

The programme was organised by the United
States Department of Commerce and
Bloomberg Philanthropies and attended by
political and business leaders from the
United States, Africa and other regions of
the world.

“We intend to make Nigeria one of the most
attractive places to do business.”
“We are weaning ourselves from a historical
dependence on crude oil, diversifying our
economy, and putting it on the path of
sustainable and inclusive growth. To this end, we have embarked on policies aimed at establishing an open, rules-based and market-oriented economy. We will continue to actively engage with the private sector at the highest levels to listen to your concerns and to assure you of our commitment to creating enabling policies in which your businesses can survive and thrive.”

“These are no doubt challenging times for the
Nigerian economy. But let me use this
opportunity to boldly affirm our conviction that
there is no crisis without an accompanying
opportunity. In our case, we see Nigeria’s
ongoing economic challenges – occasioned
mainly by the fall in oil prices – as an
opportunity to set the economy firmly on the
path of true diversification, sustainable
economic growth and shared prosperity.”

Buhari noted that his administration was
focused on three things: security, anti-
corruption and revamping the economy and
noted that success was already being
yielded.
He said the investment sectors for his
administration which he considers priority
are now are improving infrastructure,
industrial productivity, agriculture, mining
and digital economy where “young Nigerians
are increasingly demonstrating that they have
the talent and the passion to leverage.”
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