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Tinubu Woos American Investors to Lagos

Posted by By Shaka Momodu on 2005/07/18 | Views: 246 |

Tinubu Woos American Investors to Lagos


Lagos State Governor, Bola Ahmed Tinubu yesterday charged a ten man team of investors from different areas of the United States of America to kill the widespread notion that Nigeria was not safe for investment.

Lagos State Governor, Bola Ahmed Tinubu yesterday charged a ten man team of investors from different areas of the United States of America to kill the widespread notion that Nigeria was not safe for investment.

I want to charge you that if we must make a kill. It is about killing the fear that Nigeria is not safe to invest in. The earlier we get over this notion, the better.

The governor who spoke while receiving the trade delegation led by Gboyega Olaniyonu, said it was high time Africans woke up to the reality that there was a need to have a Marshal Plan for the continent of Africa just as Europe decided not too long ago towards fashioning out a blueprint for the rapid growth of its economies.

Tinubu explained that the state had decided to operate a private sector driven economy with the adoption of the Public Private Partnership (PPP) approach, in which the government created the right environment for investors to operate.

In this wise, he added that the business of government was to provide security, infrastructure and a tax friendly environment for would be investors both local and foreign as government continued to ensure that the private sector was made the engine of growth.

Tinubu noted that the state would also welcome investors in the area of mass transit, especially in the rail sector, noting that his administration inherited an antiquated transportation system characterised by rickety and small buses that must be replaced.

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Comments (3)

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Okfold(Sobe, Edo, Nigeria)says...

I want the meaning of female owan name Ekeke (Edo state)

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Toluwalase Samuel Olufemi(Ijebu, Ogun, Nigeria)says...

Authority belongs to God, once He decrees it is final and binding

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Ikponmwosa Osamede(Edo, Nigeria)says...

Your meaning of Osamede is wrong. Osamede means God has given me a crown