President Bola Tinubu says his administration will deal decisively with any official who undermines investors confidence in the Nigerian economy.
President Tinubu stated this during a Nigeria-Qatar Business and Investment Forum in Doha.
Tinubu assured the International business community that Nigeria is ready for serious business.
He urged Qatar’s captains of industry to report any government official who demands a bribe or any form of inducement at any point in their business, thereby assuring them of their direct access to the President’s Office.
President Tinubu affirmed that Nigeria’s identity is now being shaped by the present and future actions, urging investors not to let perceptions hinder their willingness to invest in Africa’s largest economy.
The President pledged to remove all bottlenecks standing in the way of profitable and legitimate enterprise, emphasising that Nigeria and its systems are being reformed and upgraded.
He noted further that the war against corruption and insecurity in Nigeria had been significantly strengthened with the appointment of the former Chairman of the Economic and Financial Crimes Commission (EFCC), Nuhu Ribadu, as National Security Adviser (NSA).
“We have a man who has won many global awards for anti-corruption as an anti-corruption czar.
“My responsibility is to tell you that Nigeria is open for business, and to assure you that your investments are safe in our hands. We have men and women of great reputation here. And we believe we can forge a good committee that will advance our discussions to fruitful conclusions.
“A nation is an artificial entity unless there are good people to drive it. People build great nations and we have great people. We are ready,” the President affirmed.
The President also noted that Nigeria possesses vast opportunities in various fields, telling his host: “We have oil and gas; we have solid minerals. I do not see why we cannot become prolific partners in exploring iron ore, as well as steel production, and energy across the board.
“I am here to give you assurances in all spheres: tourism, hospitality, healthcare, and in many other opportunities that abound around us. Do not be the investors who miss out on the golden opportunity we present,” the President added.
Welcoming the Nigerian delegation in the presence of Qatari captains of industry, Sheikh Mohammed bin Hamad bin Qassim Al Abdullah Al Thani, Qatar’s Minister of Commerce and Industry, said his country looks forward to exploring opportunities in Nigeria, following the nation’s population demography and market, as it seeks to prioritise new investments in low carbon initiatives, mineral products, petroleum chemicals, industry and consumables.
“We look forward to working with our Nigerian counterparts to achieve our joint objectives in these sectors,” the Minister said.
Accompanying the President to the Nigeria-Qatar Business and Investment Forum were: Borno State Governor, Professor Babagana Umara Zulum; Kaduna State Governor, Senator Uba Sani; Lagos State Governor, Mr. Babajide Sanwo-Olu; Coordinating Minister of the Economy and Minister of Finance, Wale Edun; Minister of Solid Minerals Development, Dr. Dele Alake; Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate; Minister of Marine and Blue Economy, Adegboyega Oyetola; Minister of Trade, Industry and Investment, Dr. Doris Uzoka-Anite; Minister of Youth, Dr. Jamila Bio Ibrahim; and the Minister of State for Petroleum Resources (Gas), Ekperipe Ekpo.
Also at the meeting were the National Security Adviser, Nuhu Ribadu; Special Adviser on Energy, Olu Verheijen; and the President of the Nigerian Association of Chambers of Commerce and Industry, Mines, and Agriculture (NACCIMA), Dele Kelvin Oye.
PRESIDENT TINUBU TO DEAL WITH ENTITIES UNDERMINING INVESTORS CONFIDENCE.
