President Bola Tinubu has advised foreign investors to explore for good returns the opportunities in the Nigerian economy through investments.
Tinubu made the appeal on Wednesday in New York, when he rang the NASDAQ’s closing bell as part of the proceedings at the Executive Business Dialogue in the United States.
Speaking at the event, the President also highlighted certain structural reforms his administration had implemented to ease doing of business in the country and by so doing, guarantee impressive returns for investors.
He expatiated: “It’s a great honour for me to be here. I am happy to bring Nigeria to your doorstep and honoured that we are here today in a public market that involves the West Africa subregion. The greatest economy is Nigeria. There’s an immense opportunity in Nigeria that you can invest your money without fear.
“We’ve removed a lot of bottlenecks. We’ve cleared the corrupt oil subsidy. And we have also retooled the exchange rate to a reliable, dependable, one-figure floating of the Naira. You’re free to take in your money and bring out your money. I count on you to invest in Nigeria”, Tinubu added.
The event was organized by the United States Chamber of Commerce in collaboration with the Nigerian Exchange Group Plc (NGX), and Nigerian Investment Promotion Council (NIPC)
The NGX Group’s Non-Deal Roadshow featured a prominent business dialogue, integral to the efforts of the new administration in reigniting foreign investor interest in the Nigerian economy.
In a statement the NGX issued on the event, it further clarified: “The Non-Deal Roadshow would help to foster dialogue, strengthen economic ties, and enhance collaboration.
“The Roadshow is part of the Group’s drive to support FG’s agenda to elicit the interest of foreign investors in the Nigerian economy.
“The goal is to display the robustness of the capital market and leverage the pace of reforms by the new administration of President Tinubu; enabling foreign investors to recognise the value created by the changing landscape”, it added.