President Bola Tinubu gave investors assurances on Wednesday in Abuja that his ongoing efforts to reposition the economy will be aided by his intensified removal of all barriers to effective business startup and administration in Nigeria, with a focus on service effectiveness, tax reviews, and enhanced security.
President Tinubu welcomed Ade Adeola, Managing Director of Energy and Natural Resources for Standard Chartered Bank in Europe, Africa, and the Middle East, and declared that his administration was already working hard to make a difference in luring investments.
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“We are committed to strengthening partnerships, 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,’’ he said.
The President told the delegation that tax reforms are being undertaken with a close observance of best practices across the globe, which will favor businesses for the collective prosperity of the nation.
“We are open for business. We believe in partnership, and we will work with all those interested in the progress of Nigeria,’’ he noted.
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 huge portfolio in funding for the oil and gas industry.
“We are very excited about your leadership, and we want to restate our commitment to the growth of Nigeria,’’ he said.
