President Bola Tinubu has assured local and foreign investors that Nigeria remains a secure destination for investment, saying his administration is committed to protecting businesses and creating an environment where private enterprise can flourish.
The President gave the assurance on Thursday, July 16, during the launch of the Sales Office and Experience Centre for the Abuja City Walk Development, one of the projects marking the third anniversary of his administration.
Vice President Kashim Shettima represented Tinubu at the event.
The President said the Federal Government was putting in place policies and infrastructure that would encourage investment in commerce, medical tourism and luxury hospitality while removing obstacles that discourage investors.
“Through this development, we are pushing the boundaries engineering possibility in Africa. This magnificent project also underscores the conviction that sustainable development can’t be carried out by the government alone.
“The Abuja City Walk is a shining example of what can be achieved when political will meets private sector expertise,” Tinubu said.
He added that the project would stimulate economic activities and strengthen Abuja’s position as a commercial destination.
“By creating this corridor, we are laying down an environment for commerce, medical tourism, premium, and high end hospitality.
“Let me use this medium to assure both domestic and international investors that Nigeria is open for business and your businesses are safe.
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“Our legal, physical and financial frameworks are continuous optimised to protect capital, eliminate unnecessary bottlenecks,” the President stated.
Tinubu described the Abuja City Walk as evidence that his administration was fulfilling the promises made under its Renewed Hope Agenda.
“It’s with deep pride and optimism that I welcome you all to the official lunch of the Sales Office and Experience Centre for the landmark Abuja City Walk development.
“Today we are not just opening a building, we are presenting a tangible manifestation of our Renewed Hope Agenda sculpted in concrete innovation and an unwavering determination,” Tinubu said.
He continued, “On assumption of office, we promised Nigerians a radical economic transformation and infrastructural renewal, we committed to turning potentials into prosperity and making our Federal Capital Territory a true global beckon of governance, commerce, and modern living.
“Your Excellencies, your royal highness, ladies and gentlemen, this experience center stands as prove that our administration does not just make promises, we execute them with determination.”
The President said the Abuja City Walk ranks among Nigeria’s most ambitious infrastructure developments and would become a major gateway for international visitors.
“The Abuja City Walk is one of the most ambitious projects in the history of our great nation, spanning several hectors of land across the Abuja Airport expressway corridor, this project will serve as Nigeria’s foremost getaway to the world,” Tinubu said.
He also commended the Minister of the Federal Capital Territory (FCT), Nyesom Wike, for reviving a project that had remained dormant for decades.
“I must particularly commend the Minister of the FCT, Nyesom Wike for his dogged leadership and unwavering focus, for 30 years the Abuja Technology village corridor laid dormant but Today through aggressive land administration reforms and the eradication of bureaucracy, it’s being transformed into a bolstering construction hub,” Tinubu added.