President Bola Tinubu on Friday assured potential investors that their investments are safe in Nigeria.
Chronicle NG reports that Tinubu sought collaboration with the Kingdom of Saudi Arabia to combat national insecurity.
In a statement, Ajuri Ngelale, the president’s spokesperson, disclosed this on Friday, titled ‘President Tinubu to Saudi investors: Your investments are safe in Nigeria.’
The President premised this on recent “bold economic reforms” by his administration to remove wasteful subsidy on petroleum and merge the foreign exchange market, among other incentives, to improve the ease of doing business in Nigeria.
“I also wish to assure all potential Saudi investors of the safety of their investments based on the sanctity of the rule of law and good returns on their investments in the largest economy in Africa,” the President declared at the Saudi-Africa Summit in Riyadh, Saudi Arabia.
The President said Nigeria was eager to enhance collaboration with the Kingdom of Saudi Arabia on combating terrorist organisations such as Boko Haram, ISWAP, and other violent extremist groups terrorizing the Lake Chad and Sahel regions.
