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‘Nigeria Open For Business, Our Security Much Better Now’ – Tinubu To French Investors

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4 hours ago

Nov 28, 2024.

Nigeria Business Tinubu French Investors

President Bola Tinubu has reassured French investors of Nigeria’s readiness for business, emphasizing improved security and a conducive environment for economic growth.

Speaking during a joint press briefing with French President Emmanuel Macron at the Élysée Palace on Thursday, Tinubu highlighted his administration’s efforts to stabilize security and diversify Nigeria’s economy.

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EKO HOT BLOG reports that the president underscored the potential of Nigeria’s youthful and educated population, calling for increased French investment to enhance skills development and economic diversification, particularly in sectors like marine, fisheries, and renewable energy.

“We are working hard to stabilize security in Nigeria and have made significant progress. Investors can be assured of a free market economy with seamless entry and exit. Our youth population is vibrant, educated, and ready to be trained,” Tinubu stated.

Tinubu also noted Nigeria’s shift away from reliance on fossil fuels, emphasizing the importance of France’s expertise in fostering economic transformation. “We have the potential to diversify our economy. In Lagos, for instance, we have successfully tamed the Atlantic Ocean and are promoting the blue economy, including fisheries, which hold significant potential,” he added.

Acknowledging France’s role in supporting Nigerian businesses within Europe, Tinubu expressed gratitude and assured reciprocal opportunities for French investors in Nigeria, particularly in food security.

“Thank you for providing a conducive environment for Nigerian businesses to flourish in France. We are extending the same courtesy to French nationals looking to invest in Nigeria,” he concluded.

Nigeria Business Tinubu French Investors

The briefing reaffirmed Nigeria’s commitment to fostering robust economic ties with France while leveraging international collaboration to boost national development.