Vice President Kashim Shettima said Tuesday that it is currently a great time to invest in Nigeria as President Bola Ahmed Tinubu has addressed most of the grey areas that hitherto served as disincentives to investors.
The vice president said this when he received a delegation from the Islamic Development Bank (IsDB) led by the Head of its Regional Hub, Mr Hammad Hundal, at the Presidential Villa in Abuja.
He said the foundation laid by the Renewed Hope administration through critical reforms in key sectors of the economy is creating the right environment for investments in Nigeria.
“It is an exciting opportunity to invest in Nigeria. The administration of President Bola Ahmed Tinubu has created the enabling environment and is still doing so by addressing most of the grey areas that hitherto served as a disincentive. So, this is a great time to invest in Nigeria,” he said.
He added that with well-thought-out interventions in human capital development, nutrition, agriculture, health, education and promotion of digital trade, the present administration has demonstrated commitment in addressing challenges in the critical sectors.
“This administration is poised to address the challenges that we have in key areas of human capital development, financial inclusion, infrastructure and nutrition. In fact, we have no option but to address most of these issues, and we will continue to act in the right direction,” he said.
The vice president applauded Nigeria’s partnership with the Islamic Development Bank, stressing that the two entities are based primarily on the country’s national interest.
He urged the IsDB to continue on the path already laid through its support for key government programmes such as the Special Agro-Processing Zones (SAPZ) programme, the i-DICE project and other initiatives, including the development of a Halal economy in the country.
“Let us cross-pollinate ideas and come up with a design for your Country Engagement Framework (CEF). I want you to record in your Country Engagement Framework, the development of a Halal economy, promotion of digital trade, financial inclusion and other areas. I urge closer collaboration to enable us to address some of these challenges,” he said.