Vice President Kashim Shettima has reiterated the determination of President Bola Tinubu’s administration to provide the enabling environment for businesses to thrive in the country, urging local and foreign investors to make Nigeria their investment hub.
He restated the commitment on Tuesday when he hosted the management of First Surat Group, as well as top management of MTN Nigeria, at the presidential villa in Abuja, charged MTN Nigeria to facilitate and spearhead digital mobile money and digital education
According to a statement issued by Stanley Nkwocha, Senior Special Assistant to the President on Media and communications (Office of the Vice President), Shettima noted that the Tinubu administration is willing to partner with various stakeholders in the quest to help boost the nation’s productivity base and generate rapid employment.
The Surat Group operates Nizamiye Hospital, Nizamiye Foundation, as well as its educational institutions with 2,500 staff, which, according to the vice president, cater to over 100,000 extended families and dependents.
He stated: “Agriculture remains key to the Nigerian economy. You may wish to consider divesting from the health and education sectors, where you have distinguished yourself, and delve into the agricultural business, where we have huge investment potential.
“I assure you that my principal is creating the right environment for businesses to thrive. Property rights will be enforced, and no one will be deprived of their rights. We need foreign direct investment right now more than ever before. Reach out to us, and we will support you to succeed,” the VP promised.
For MTN Nigeria, the vice president assured the telecoms giant of the federal government’s commitment to removing all obstacles militating against businesses.
Shettima said that gone are the days of double taxation and unnecessary bottlenecks, adding that President Tinubu’s policy on the ease of doing business would be carried to the latter.
Promising that Nigeria’s economy would pick up massively in less than 15 months, he charged the telecommunication giant to consider fast-tracking digital mobile money and digital education in Nigeria.
“I have never seen anyone committed to revamping Nigeria’s economy like President Tinubu. Yes, we may be facing challenges, but believe me, in no distant time, the country will be better off for it”, the VP promised.
Earlier, the Chairman of First Surat Group, Dr Ali Maina, thanked the Vice President, he said aside from the company’s vast interest and strategic partnerships, its corporate social responsibility has seen it investing millions of naira in the lives and welfare of Nigerians.
On his part, Chairman of MTN Nigeria, Ernest Ndukwe, and Chief Executive Officer, Karl Olutokun Toriola, said the telecoms firm remains committed to President Tinubu’s Renewed Hope Agenda.
They promised that in no distant time, MTN Nigeria will birth the much-needed 5D network in Nigeria.
Vice President Shettima has assured that the administration will reposition the National Institute for Policy and Strategic Studies (NIPSS), Kuru, for good and quality policy advice to the government.
He gave the assurance on Tuesday when he received in the audience the management team from NIPSS led by the Director General, Prof. Ayo Omotayo, at the presidential villa Abuja.
According to him, this had become pertinent given the crucial and indispensable role the institute would play in shaping and retooling the government’s policies.
According to him, the federal government would use the institution’s beautiful recommendations.
He said, “We really need to recalibrate the system and see to it that all the beautiful policy recommendations by NIPSS are brought into reality because the world is changing and the world is gradually becoming knowledge-driven.
“NIPSS is a policy think-tank for the government just as we have its equivalent in other parts of the world such as the Global Policy Institute, the Chatham House, the Adam Smith Institute, the Royal United Institute for Defence Studies in Russia, and the Hopkins Institute in the United States of America.”
Shettima cautioned Africa against missing the chance to fill the gap in a knowledge-driven world as she did during the agricultural and industrial revolution.
“We missed the agricultural age; Africa missed the industrial age. We are now in the knowledge-driven age. When others are talking about artificial intelligence, of biotechnology, of internet things, we are busy dwelling on farmer-herders clash and things that we ought to have overcome decades ago,” he stated.
Asking the management of the Institute to make a formal presentation of the executive summaries of all its policy recommendations to the government, Vice President Shettima said, “President Bola Ahmed Tinubu is determined to reset the national agenda. President Bola Tinubu has the courage to make far-reaching decisions.
