President Bola Tinubu has told French investors that the country is open for business, saying his government is creating an enabling environment for them to thrive.
Tinubu said this on Thursday during a joint briefing with the French President Emmanuel Macron at the Elysee Palace.
“We’ve been working on stabilizing the security system in Nigeria and we are getting closer and closer,” Tinubu said. “We are doing better now in the area of security. I can assure all the investors that Nigeria is open for business.”
“We assure you of a free market economy; easy in, easy out; no hindrance,” Tinubu said.
He said Nigeria is working on diversifying its economy away from fossil fuels and believes France can play a key role in that move.
“We have a vibrant youth population that is well educated, skilled, and ready to be trained for the development of our economy,” Tinubu who is on a three-day visit to France told the gathering.
“This, I will emphasize, is why we need the French experts and investors to do more in this area to help develop our youth population.”
The Nigerian president underscored his country’s youth who are skilled, educated, and ready to be trained as part of the reasons French investors should look towards the West African nation.
“We have the potential to diversify our economy from fossil fuels,” he said.
“In Lagos, for example, we have tamed the Atlantic Ocean so far and we are still promoting marine and blue economy. Fishery is an important aspect of our economic potential,” the 72-year-old said.
President Tinubu thanked the French government for providing stability for Nigerian businesses in the European country.
“Thank you for creating a conducive environment for them to flourish and we are creating the same ground for investment in the Nigerian economy for the French nationality in the area of food security,” Tinubu said.
