President Bola Tinubu reaffirms Nigeria’s commitment to private-sector driven growth.

President Bola Tinubu on Tuesday told the global investment community that Nigeria is ready and open for business.   President Tinubu stated this while declaring open the Nigeria two thousand and twenty-five Public-Private Partnership, PPP, Summit at the Old Banquet Hall, Presidential Villa, Abuja.   The summit, organized by the Infrastructure Concession Regulatory Commission, ICRC, […]

President Bola Tinubu on Tuesday told the global investment community that Nigeria is ready and open for business.

 

President Tinubu stated this while declaring open the Nigeria two thousand and twenty-five Public-Private Partnership, PPP, Summit at the Old Banquet Hall, Presidential Villa, Abuja.

 

The summit, organized by the Infrastructure Concession Regulatory Commission, ICRC, brought together key stakeholders across government and private sectors to advance collaboration towards closing Nigeria’s two point three trillion dollars infrastructure gap.

 

President Tinubu, who was represented by the Vice President, Senator Kashim Shettima, said Nigeria can no longer build a twenty first-century economy on twentieth -century infrastructure, noting that the era of government-only funding of capital projects was unsustainable.

 

He noted that the administration, that is over two years, has taken bold steps to reform the economy, including the removal of fuel subsidy, liberalization of the foreign exchange market, and optimization of government revenue, all geared towards creating a more viable investment climate.

 

He called on investors not to be deterred by perceived risks but to recognize the immense opportunities to build sustainable projects that deliver real impact, from roads and power to clean water, quality education, and healthcare.

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