Tinubu To Deal With Entities Undermining Investors Confidence

President Bola Ahmed 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, on Sunday.

Assuring the International business community that Nigeria is ready for serious business, the Nigerian President 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.

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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.

“I am here to give you the assurance that reforms are going on; forget about whatever you heard in the past. Whatever is the obstacle or problem that some of you might have experienced; it is in the past, because there is no obstacle in the future.

“Do not offer a bribe to any of our people, and if it is requested or taken from you, report to us.

“You will have access to me. Nigeria will no longer be defined by the past, but by what we do now and moving forward. Do not let perceptions become a hindrance to your will to invest. Nigeria is serious about revolutionizing investment promotion. We are removing obstacles today and we are going to continue to remove all obstacles. We have done so much within nine months. And I am assuring you, it is free entry and free exit. Your funds will flow smoothly into and out of our country. Bring your investments,” the President stated.

The President further noted 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), Mallam 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.