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Tinubu says Nigeria now high-value investment destination

Tinubu

 President Bola Tinubu has affirmed that Nigeria is becoming a high-value destination for investment in spite of the prevailing challenges.

He said the economy was rebounding and attracting significant investments, particularly in the hydrocarbons sector.

Tinubu spoke on Thursday at the State House, Abuja, while receiving a delegation from the Civil Society Organisation on Community Advancement and Humanitarian Empowerment Initiative (CSCHEI).

This is contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on Thursday in Abuja.

“I have just received the good news that our gas investment has crossed the most difficult river and is moving very effectively,” Tinubu said.

He referred to the completion of the River Niger crossing of the OB3 Gas Pipeline by the Nigerian National Petroleum Company (NNPC).

The project is expected to boost gas transportation capacity and strengthen energy security and industrial growth.

Tinubu said the administration had stabilised the economy and was beginning to see positive outcomes.

“We have survived the edge of bankruptcy; we are seeing the light at the end of the tunnel,” he said.

The President highlighted the Sokoto-Badagry highway as a key infrastructure project with vast economic potential.

He said over 75 dams along the corridor could support irrigation, power generation and improved livelihoods.

Tinubu also said efforts to improve security were ongoing, noting that discussions on state policing were progressing.

“It is not something you can fix overnight. We shall overcome,” he said.

He commended CSCHEI for promoting intellectual engagement and civic participation in governance.

Earlier, the Director-General of CSCHEI, Mr Kunle Yusuff, described the organisation as a UN-accredited platform coordinating community and civil society groups.

He praised the administration’s reforms and pledged support to deepen public awareness of government programmes.

Yusuff said Nigeria was making progress in implementing the Sustainable Development Goals (SDGs).

He also commended policies on local government autonomy and social investment programmes, while calling for broader inclusion. (NAN)

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