Tinubu reaffirms commitment to investment-driven economy

President Bola Tinubu has reaffirmed the Federal Government’s commitment to building a stronger investment-driven economy through sustained collaboration with state governments.

Mrs Zahrah Audu, Director-General, Presidential Enabling Business Environment Council (PEBEC), conveyed the President’s message on Thursday in Awka during the Nationwide Sub-national Engagement and Technical Reform Workshop.

According to her, Nigeria’s economic prosperity will  be driven by coordinated reforms at all levels of government.

She noted that the Tinubu administration was implementing one of the most ambitious economic reform programmes in recent history.

According to her, the reforms are aimed at unlocking investments, improving competitiveness and creating opportunities for citizens.

“The future of Nigeria’s economy will not be shaped in Abuja alone, but in the states, cities, industrial clusters, innovation hubs, farms and local government areas where businesses operate, and investments thrive,” she said.

Audu noted that investors largely based their decisions on the competitiveness of individual states.

She stressed that regulatory efficiency, policy consistency, infrastructure and ease of doing business remained critical factors in attracting local and foreign investments.

“The nationwide engagement tour is designed to strengthen partnerships between the federal government and state governments.

“It is also an opportunity to promote reforms capable of unlocking Nigeria’s investment potential and improving business competitiveness,” she said.

Also speaking, Gov. Chukwuma Soludo reaffirmed the state government’s commitment to creating a business-friendly environment that would inspire investor confidence and economic growth.

Soludo, who was represented by Mrs Chiamaka Nnake, Secretary to the Anambra State Government, said his administration had undertaken deliberate reforms to strengthen institutions and rebuild public trust.

He added that the government had also modernised infrastructure, enhanced security and digitised government operations to make the state more attractive to investors.

The Commissioner for Budget and Economic Planning, Mr Chukwukadibia Okoye, described the PEBEC visit as an opportunity for government officials and the business community.

He said it would help to engage in efforts to improve the ease of doing business in the state.

Okoye explained that PEBEC, chaired by the Vice President, is visiting states across the federation to assess progress in business reforms and to obtain feedback on areas requiring improvement.

He said the engagement provided Anambra with an opportunity to showcase achievements in infrastructure development, governance reforms, security and other sectors that supported  a conducive business environment.

“This town hall meeting is a valuable platform for engagement among governments, the private sector and development partners,” he said

Okoye reaffirmed the commitment of the Soludo administration to sustaining reforms that would attract investment, stimulate economic growth and improve the overall business climate in Anambra.

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