President Muhammadu Buhari on Thursday, in his address during the official commissioning ceremony of the Sunti Golden Sugar Estate (SGSE) in Niger State, has said that the policies of his administration towards improving Nigeria’s economy through diversification were on the right path.
The Federal Government remains committed to delivering on the policy goals of tackling corruption and improving the security of lives and property in the country.
“While, our focus is steadfast on delivering on our policy goals of tackling corruption, improving security and rebuilding the economy; more than ever, Government will work in close partnership with businesses to strengthen investments in Agriculture, Power, Manufacturing, Solid Minerals, and the Service sectors,” he said.
President Buhari also gave the assurance that his administration would provide necessary support for businesses to strengthen investments in various sectors such as agriculture, power, and solid minerals among others.
“I would like to assure Nigerians, that this administration is fully committed to the transformation and diversification of the economy. We will continue to support businesses by creating an enabling business environment. I wish to assure Nigerians, that this government will continue to focus on the improvement of critical infrastructure, like roads, construction of rails and power generation across the country,” he said.
Further stating: “As you would recall, I inaugurated the Presidential Enabling Business Environment Council (PEBEC) in July 2016, to spearhead business climate reforms and improve the general business environment in Nigeria. During my presentation of the 2018 budget to the National Assembly, I mentioned that one of the targets we set out for gauging our progress in creating an enabling environment for business was to achieve a positive movement in the World Ease of Doing Business Index”.
“I am delighted to mention that, a recently released World Bank business ranking report announced that Nigeria had moved 24 places to 145th position in 2017, and for the first time recognised as one of the top 10 most improved economies in the world; a clear indication that we are making remarkable progress in this regard.”
The meeting was also attended by the Chairman of Flour Mills of Nigeria Plc (FMN), Mr John Coumantaros, and the President of Dangote Group, Mr Aliko Dangote, among others.
The construction of the sugar estate cost more than N50 billion naira, and it has the capacity to produce 100,000 metric tons of sugar annually.
President Buhari, was received by the state governor, Mr Abubakar Bello, also met with some investors and business owners in the state.
He was delighted that the policies of his administration towards improving Nigeria’s economy through diversification are on the right path.