FG’s Reforms Prioritise, Enhance Ease of Doing Business- Tinubu
President Bola Tinubu has said that his government would continue to prioritise reforms that enhance the ease of doing business, expand critical infrastructure, and stimulate sustainable growth in the real sectors.
Tinubu gave the assurance on Thursday in Ilorin, at the 65th Annual General Meeting/ Conference of the Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA).
The president was represented by the Minister of State for Industry, Trade and Investment, Sen. John Eno. He identified market-driven and private sector-led economy with public private partnerships’ strategic reinforcement as the path to enduring national prosperity.
He expressed the federal government’s readiness to work closely with the association to advance the nation’s shared economic ambitions.
The president urged the leadership of the association to forge strong partnerships with the federal ministry of industry, trade and investment and other economic institutions to stimulate trade and attract investments into the country.
“My administration is committed to creating an environment where businesses can confidently thrive.
”We continue to prioritise reforms that enhance the ease of doing business, expand critical infrastructure, and stimulate sustainable growth in the real sectors.
“We firmly believe that a market-driven, private-sector-led economy, reinforced by strategic public-private partnerships, is the surest path to enduring national prosperity,” the president said.
NAN also reports that at the conference, a renowned industrialist, Mr Jani Ibrahim, was officially inaugurated as the new National President of the association.
Tinubu congratulated Ibrahim on his investiture and urged him to forge strong partnerships with the ministry and other key economic institutions.
According to him, this is to stimulate trade, attract investments, and energise business activities across Nigeria.
”I encourage you to bring your vision, networks, and experience to bear in this new chapter,” the president said.
In his remarks, Gov. AbdulRahman AbdulRazaq, of Kwara, emphasised the need for stakeholders to take full advantage of Nigeria’s population, human and natural resources, and demographic peculiarities.
AbdulRazaq who spoke through his deputy, Mr Kayode Alabi, said this was in order to drive stronger economic growth, sustainable development, and shared prosperity.
He tasked NACCIMA and other leading institutions in Nigeria to take full advantage of Kwara’s unique blend of infrastructure, investments, friendly climate and cultural legacies.
The governor said these legacies promote trade, agribusiness and food security, just as it promotes creativity, tourism and leisure, innovation and technology, and general human capital development.
Also speaking, the Attorney General of Federation, Prince Lateef Fagbemi, pledged government’s firm commitment to legal and policy reforms that supports ease of doing business, enhance investment protection, and combat illicit financial flows.
He noted that reform in the legal sector is crucial to shaping economic growth and in turn, ensure a predictable, fair and efficient business environment that attract investments with confidence for prospective investors.
“We are intentional about enhancing commerce and trade by improving on our legal frameworks to address current economic realities.
”This we have achieved through national policies such as; the National Policy on Arbitration and Alternative Dispute Resolution, 2024 (the “Arbitration Policy”) National Policy on Justice 2024 – 2028 (the “Policy on Justice”), and key legislations,.
“We will continue to pursue reforms aimed at transparent legal systems, strengthening the judiciary to guarantee business rights and sanctity of contracts, promote business friendly innovations and consistent trade and economic policies,” he said.
In his remarks, the new NACCIMA President, Ibrahim, said he was equipped with the requisite tools to reposition the chamber.
He promised to be innovative and introduce new reforms that would change the fortune of the chamber in order to function as an indispensable organisation for economic prosperity. #FG’s Reforms Prioritize, Enhance Ease of Doing Business- Tinubu CBN Cuts Interest Rates on Treasury Bills, Rejects Excess Demand
