Tough Decisions Are Necessary for Economic growth’ – Tinubu

 

By Miracle Ogunde

 

President Bola Ahmed Tinubu has expressed that Nigeria’s economy can only overcome long-standing developmental challenges that have hindered rapid progress across sectors through the implementation of right policies, partnerships and determination.

 

Tinubu also reaffirmed his commitment to creating an enabling environment for businesses to thrive, highlighting that there is a need to focus on investing in key sectors, such as agriculture, solid minerals, energy, health, physical infrastructure, trade promotion, financial services, digital enterprise in order to ensure the welfare and prosperity of citizens.

 

The president stated these while hosting a delegation from the Corporate Council on Africa (CCA) led by Florizelle Liser, its President and Chief Executive Officer, at the Presidential Villa, Abuja, on Thursday.

 

In a statement issued by Ajuri Ngelale, Presidential spokesman, President Tinubu reiterated his unwavering commitment to Nigeria’s economic growth and stability, emphasizing that he will not relent until his vision for Nigeria is achieved.

 

Tinubu expressed his administration’s unwavering resolve to implement necessary economic reforms to facilitate business growth and create investment opportunities that support Nigeria’s growing population.

 

He commended the recent landing of a 45,000-kilometre submarine fibre optic cable in Akwa Ibom State, which establishes connectivity for the entire South-South region of Nigeria with Europe, and other parts of Africa via the Atlantic Ocean.

 

“I am happy that the Council is interested in various segments of Nigeria’s economy. We are right in the middle of a challenging stage of our reforms. We have headwinds, no doubt, but we are not going back.

 

“We are challenged, and we believe we will overcome the challenges. I have a can-do attitude that must be translated into a must-do attitude. We have a good team, and we must remain focused to get the goal accomplished,” the statement quoted the president as saying.

 

“We are going to do more on security and investing in education, as we believe that education is the greatest weapon against poverty. We welcome partners like CCA, and we will strengthen our partnership to achieve our goals,” he said.

 

In her remarks, Ms. Liser expressed CCA’s commitment to supporting Nigeria’s economic growth through the eight priority areas outlined by President Tinubu’s administration.

 

She invited President Tinubu to consider participating in CCA’s US-Africa Business Summit in May in Dallas, Texas and urged him to consider CCA as a partner in enhancing USA-Nigeria trade, business, and investment.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Why Tax Reform Bills is Dead On Arrival At NASS – Ndume

US election: Trump gives condition to concede defeat

BREAKING: Isreali PM sacks defence minister

Democracy needs true democrats, not businessmen in politics– Philip Shaibu

Why Tax Reform Bills is Dead On Arrival At NASS – Ndume

US election: Trump gives condition to concede defeat

BREAKING: Isreali PM sacks defence minister

Democracy needs true democrats, not businessmen in politics– Philip Shaibu