President Bola Ahmed Tinubu has assured investors that his administration is committed towards creating a sustainable and friendly environment that will aid the growth of their investments in the country.
He gave the assurance while receiving the Managing Director of Energy and Natural Resources in Europe, Africa and Middle East for Standard Chartered Bank, Mr Ade Adeola on Wednesday.
President Tinubu revealed that his administration is committed to strengthening businesses in the country and doing everything possible to rid the country of the factors that are scaring investors away from the country.
He said “We are committed to strengthening partnership, 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.
“We are open for business. We believe in partnership, and we will work with all those interested in the progress of Nigeria.”
In his remarks, Adeola said the bank had been committed to enabling investments in Nigeria for many years.
He added that they have been 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.
Mr. Adeola explained that the bank is supporting investments in the country with about two to three billion U.S. dollars annually.