Nigeria, a safe haven for foreign investors Bagudu

The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, says Nigeria is a safe haven for foreign investors to take advantage of.

The Minister stated this during a press briefing at the end of the 2023 Nigerian Economic Summit in Abuja yesterday. According to him, Nigeria is an investment haven for investors, despite being faced with some challenges which President Bola Tinubu is currently working on and the result will show soon.

Bagudu further said that in spite of the countrys challenges, the government remained resilient, and was taking thriving economic activities to all parts of the country.

Nigerians are a very resilient people. That we can gather the private sector to talk about putting money in Nigeria is a statement of resilience. Investments, particularly by private sector, is a statement that we believe in our economy and these investments help us to dominate our environment. There are many places where we had cases of insecurity, whereby people are afraid; but today, economic activity is resuming, people are being reintegrated with various programmes, he further stated. 

According to Bagudu, many countries have come out better and stronger after experiencing Nigerias type of hardship. He also assured that Tinubu had a good budget plan for the country.

Chairman, Nigerian Economic Summit Group (NESG), Olaniyi Yusuf, on his part, said the summit was held annually for the benefit and growth of the country. He further said that plans were ongoing to replicate the summit and successes at the sub-national levels.

The NESG Chairman said that the expected outcome of the summit was the public declaration by the President that his administration was ready to work with the private sector, and challenged the private sector to come up with ideas, recommendations and solutions.

Yusuf also commended the declaration of the Presidents commitment to work in partnership with the private sector for national and economic growth.

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