Business

Nigeria is a safe place for foreign investors, Budget Minister, Bagudu declares

The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, has stated that Nigeria is a saviour for foreign investors to operate their businesses and seamlessly repatriate their profits.

The minister made this statement after the 2023 Nigerian Economic Summit in Abuja during a press briefing on Wednesday.

Bagudu said that despite the country’s multiple challenges, the government is resilient in providing an enabling environment for both foreign and domestic investors, noting that these moves will ensure economic activities thrive in all parts of the country.

According to the minister, the positive results of the economic policies of President Bola Tinubu will soon begin to emerge for everyone to see.

He said,

In addition, he said that many countries have come out better and stronger after experiencing Nigeria’s type of hardship. Bagudu also assured that Tinubu had a good budget plan for the country.

On his part, Olaniyi Yusuf, Chairman of, the Nigerian Economic Summit Group (NESG), said that the summit was held annually for the growth and development of the country.

Yusuf mentioned that there were ongoing efforts to recreate the summit’s achievements at the sub-national level.

He stated that the anticipated results of the summit included the president publicly declaring his administration’s readiness to collaborate with the private sector.