Tinubu Seeks Enhancement of Financial System to Attract Investments
Nigerian President, Bola Tinubu, has stressed on his government’s zeal to boost the financial system in a bid to lure investors from home and abroad.
The President made this known in a statement released on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga.
This comes after the President received the global leadership team of Coca-Cola Company led by its President and Chief Financial Officer, Mr John Murphy, as well as the Chairman of Nigerian Bottling Company, Ambassador Segun Apata.
While hailing the impact of Coca-Cola on the Nigerian economy and the labour market, he expressed his zeal to ensure an investor-friendly financial system capable of luring investors.
“We are business-friendly, and as I said at my inauguration, we must create an environment of easy entry and exit for businesses.
“We are building a financial system where you can invest, re-invest, and repatriate all your dividends. I have a firm belief in that,” Tinubu said.
Tinubu assured of his administration’s continuous partnership with Coca-Cola and other private sectors.
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He stressed that the partnership will boost investments in Nigeria and tackle climate change and other environmental issues.
“The size of this country is enormous in Africa, and the consumption capacity of Nigeria is expanding daily,” he added.
In its reaction, the Coca Cola’s President, Murphy, pointed to the company’s contribution to the Nigerian economy, stating that it is responsible for close to N90 billion revenue to the Nigerian economy.
“We are very proud of the growth of the business over a long period and its impact on the daily lives of many Nigerians.
“Beyond the financial impacts, we are also very committed to supporting communities, and over the last number of years, we’ve had a special focus on several areas in the world of sustainability, water packaging and others,” Murphy said.
