“Foreign Investors Can Now Start Coming in, We’ve Removed All Obstacles Hindering Business in Nigeria” – Tinubu

Bola Tinubu said that his administration has eliminated impediments to business operations in Nigeria.

He disclosed this on Monday in Berlin, Germany.

The statement was conveyed by Ajuri Ngelale, his Special Adviser on Media and Publicity.

Addressing international investors, Tinubu emphasized that, in addition to the nation’s abundant natural resources, Nigeria’s highly educated, skilled, and industrious population stands as its primary asset and competitive advantage in the global competition for new investments.

The former Lagos State Governor emphasized the significance of promoting the rule of law to attract foreign investments.

He further highlighted that the energetic youth population and well-educated populace in Nigeria serve as the most compelling incentives for investors, akin to the pivotal role played by China’s economic resurgence.

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“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 said.

”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.

“Nigeria has consolidated on its democracy with several consecutive handovers of power. There is stability and predictability in the socio-political development of our country, which provides a conducive atmosphere for business operations and investment. Your money is safe.

“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,” Tinubu said.