Tinubu vows Nigeria will become global investment destination

President Bola Tinubu said on Friday his administration would make Nigeria a global investment destination.
The president, according to a statement on issued by his Special Adviser on Media, Ajuri Ngelale, stated this when a delegation from an international energy company, ENI, led by its Chief Executive Officer, Claudio Descalzi, visited him in Abuja.
Tinubu said his administration was determined to turn the country into a force on the global stage with strategic thinking, planning, and implementation.
He added that his administration’s reforms aim to reposition the Nigerian economy by exploring the possibilities of innovative thinking, strategic planning, new technology, and research into best practices.
The president stressed that the
the reforms would be sustained for the mutual benefit of investors and Nigerians.
He said: “I have seen the need for us to continue to be leaders in this reform and create opportunities for attracting investments because the basket is getting bigger, and the participants are getting larger and more resilient.
“The fossil fuel problem is there; science and technology is taking over.
“We will still continue to assure you that we are going to be the global investment destination and I will encourage you, as one of the progressive leaders in the industry, on what our reforms have achieved.
“Please, put a timeline on that investment strategy. It will be a stimulant for the rest of the world when you put a timeline on it.”
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He commended ENI’s confidence in the country for many years and for diversifying into other areas like agriculture.
Tinubu added: “ENI, we welcome your team again. Claudio, it is an honour for me to welcome you back to your second home, Nigeria.
“Welcome back after many years. Nigeria has improved, and I am glad that you noted that we are making changes, not because of anything else but because of a very long-term vision on our investment strategy.
“Gone are the days when we feel like the captain in several ships. We have seen conflicting strategies around the world, and we are determined to champion these changes or take ourselves ahead of those changes and make reforms a priority.
“We cannot grow today’s seed with yesterday’s belief system. We have to continuously be intellectually inquisitive and reform ourselves and our way of doing things. We count on your efforts.
“And we see the effect of your belief in our partnership, not for exploitation, but for investable development. Africa is not in a begging mode but in an accelerated mode to compete and take its place with the rest of the world.
“We are open; we are ready. We are working hard on infrastructural development and to make arable land available for planting, and we are ready to partner you in every aspect of that and in innovative research.”
On his part, Descalzi said ENI would invest more in the country, particularly in the agricultural sector.
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