Shettima Tasks Foreign, Local Investors To Make Nigeria Investment Hub

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Vice President Kashim Shettima has declared President Bola Ahmed Tinubu’s determination to provide the enabling environment for businesses to thrive in the country.
Accordingly, he tasked local and foreign investors to make Nigeria their investment hub.
The vice president who made the pledge when he hosted the management of First Surat Group, as well as top management of MTN Nigeria at the presidential villa in Abuja, charged MTN Nigeria to facilitate and spearhead digital mobile money and digital education.
VP Shettima in a statement by his media aide, Stanley Nkwocha noted that the Tinubu administration is willing to partner with various stakeholders in the quest to help boost the nation’s productivity base and generate rapid employment.
Commending the professionalism and devotion of Surat Group, which runs Nizamiye hospital, Nizamiye Foundation, as well as its educational institutions, VP Shettima noted that by extension, the Group, with its 2,500 staff, caters for over 100,000 extended families and dependents.
He stated: “Agriculture remains key to the Nigerian economy. You may wish to consider divesting from the health and education sectors where you have distinguished yourself and delve into agric business where we have huge investment potential.
“I assure you that my principal is creating the right environment for businesses to thrive. Property rights will be enforced and no one will be deprived of their rights. We need foreign direct investment right now more than ever before.
Reach out to us and we will support you to succeed,” the VP promised.
For MTN Nigeria, the Vice President assured the telecoms giant of the federal government’s commitment to removing all obstacles militating against businesses.
VP Shettima said gone are the days of double taxation and unnecessary bottlenecks, adding that President Tinubu’s policy on the ease of doing business would be carried to the later.
Promising that Nigeria’s economy would pick up massively in less than 15 months, he charged the telecommunication giant to consider fastracking digital mobile money, as well as digital education in Nigeria.
“I have never seen anyone committed to revamping Nigeria’s economy like President Tinubu. Yes, we may be facing challenges but believe me, in no distant time the country will be better off for it”, the VP promised.
Earlier, chairman of First Surat Group, Dr Ali Maina, thanked the Vice President, just as he said aside from the company’s vast interest and strategic partnerships, its corporate social responsibility has seen it investing millions of naira on the lives and welfare of Nigerians.
On his part, chairman of MTN Nigeria, Ernest Ndukwe, and chief executive officer, Karl Olutokun Toriola, said the telecoms firm remains committed to President Tinubu’s Renewed Hope Agenda.
They promised that in no distant time, MTN Nigeria will birth the much needed 5D network in Nigeria.
“Legislation provides the overarching framework within which the aviation sector operates. It is the bedrock upon which we build our vision for the industry’s future. Thus, it is incumbent upon our legislators to draft policies that promote growth, encourage investment, and ensure safety and security.
“The aviation sector is, first and foremost, a safety and security-critical industry. We ensure, through Legislation, that mandatory safety standards provided by the International Civil Aviation Organisation (ICAO) are incorporated in our national laws. As such, the role of legislation and indeed legislators in Nigeria’s aviation sector is critical for the development, regulation, and growth of the aviation industry in the country.
“Legislators (comprising the Senate and House of Representatives) of the National Assembly, play various roles to ensure the sector operates efficiently and contributes to Nigeria’s economic development. They have the authority to allocate budgets and approve funding for aviation projects, including airport construction and maintenance, procurement of equipment, and safety enhancements.
“Ensuring adequate funding is crucial for the sector’s growth and development. Legislators also provide oversight by monitoring the implementation of aviation policies and ensuring that both the Federal Ministry of Aviation and the Nigeria Civil Aviation Authority (NCAA), adhere to regulations and carry out their functions effectively,” Keyamo stated.

 

 

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