Buhari promises foreign investors safe business environment
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Buhari Promises Foreign Investors Safe Business Environment
President Muhammadu Buhari has assured foreign investors that his administration is committed to providing a safe and conducive business environment in Nigeria.
Speaking at the 2023 Nigeria International Economic Partnership Forum in Abuja, the President emphasized that his government is working tirelessly to address the challenges facing the country's economy, including insecurity, corruption, and infrastructure deficits.
"We are committed to creating a business-friendly environment that will attract and retain foreign investment," Buhari said. "We are working to improve the ease of doing business in Nigeria, and we are committed to providing a safe and secure environment for investors to operate."
The President noted that Nigeria has made significant progress in recent years in terms of economic growth, with the country's Gross Domestic Product (GDP) growing by over 2% in 2022. He attributed this growth to the government's efforts to diversify the economy, improve infrastructure, and promote foreign investment.
However, Buhari acknowledged that there are still challenges facing the country's economy, including insecurity, corruption, and infrastructure deficits. He assured investors that his government is working to address these challenges and create a more conducive business environment.
"We are committed to addressing the challenges facing our economy, including insecurity, corruption, and infrastructure deficits," Buhari said. "We are working to improve the security situation in the country, and we are committed to promoting transparency and accountability in our economic activities."
The President also highlighted the importance of infrastructure development in attracting foreign investment. He noted that his government is investing heavily in infrastructure development, including roads, bridges, and power generation.
"We believe that infrastructure development is critical to attracting foreign investment," Buhari said. "We are investing heavily in infrastructure development, including roads, bridges, and power generation. We believe that this will create a more conducive business environment and attract more foreign investment to Nigeria."
The President's remarks were welcomed by foreign investors and business leaders who attended the forum. They praised the government's efforts to create a more business-friendly environment and expressed confidence in Nigeria's economic potential.
"We are impressed by the government's efforts to create a more business-friendly environment," said a representative of a foreign investment firm. "We believe that Nigeria has great economic potential, and we are confident that the government's efforts will attract more foreign investment to the country."
Overall, President Buhari's remarks were seen as a positive step towards creating a more conducive business environment in Nigeria. The government's commitment to addressing the challenges facing the country's economy and promoting foreign investment is likely to attract more foreign investors to the country.