In his attempt to woo investors into the country, President Bola Tinubu has told the Managing Director of Energy and Natural Resources in Europe, Africa, and the Middle East for Standard Chartered Bank, Ade Adeola, that Nigeria is open for business and partnerships.
The President, as gathered by Reports on Wednesday, told Adeola and his delegation that his government is working hard towards repositioning the economy to boost ease of doing business.
He noted that with particular emphasis on efficiency in service, tax reviews, and improved security, his administration is also working to remove bottlenecks in the way of efficient business startup and administration in the country.
The president also submitted that tax reforms are being undertaken with a close observance of best practices across the globe, which will favor businesses for the nation’s collective prosperity.
He said it’s evidence that his administration was already working hard on making a difference in attracting investments.
President Tinubu stated that “We are committed to strengthening partnership, encouraging efficiency, and creating a suitable environment for investors. We are already working hard on security. We will improve efficiency across the board for good input and output, and we will build a very friendly environment for growth and investments.
“We are open for business. We believe in partnership, and we will work with all those interested in the progress of Nigeria.”
In his remarks, Adeola said the bank had been committed to enabling investments in Nigeria for many years while focusing on energy and natural resources with a massive portfolio in funding for the oil and gas industry.
