I’m handing economy over to competent hands

President Muhammadu Buhari has expressed confidence that President-elect Bola Ahmed Tinubu would sustain the nation’s economic and business environment, saying “I am happy to leave our economy in very competent hands”.

Buhari spoke at the inauguration of the $18.5 billion, 650,000 barrels per day capacity Dangote Petroleum Refinery in Ibeju-Lekki, Lagos State, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export.

Speaking at the occasion attended by Heads of State from Ghana, Togo, Niger, Senegal and a representative of the President of Chad, Buhari described the feat as a significant milestone for Nigeria’s economy and a game changer for the downstream petroleum products market in the entire African region.

According to a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, the President noted that sustaining the improvement of the economic and business environment and strengthening the framework of the nation’s public private partnership policies would fast track growth and development.

Buhari said ‘This mega industry we are commissioning today is a clear example of what can be achieved when entrepreneurs are encouraged and supported and when an enabling environment is created for investments and for businesses to thrive.

‘‘I am confident that my successor, His Excellency Asiwaju Bola Ahmed Tinubu, will sustain the improvement in our economic and business environment and strengthen the framework of our public private partnership policies to accelerate the pace of our economic growth and development.

‘‘I am happy to leave our economy in very competent hands.”

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