President BOLA TINUBU says crucial plans are underway to improve foreign exchange liquidity in the Country.
The President said his administration will honour every legitimate contract with respect to the nation’s foreign exchange obligations.
Speaking at the 29th Nigerian Economic Summit (NES) in Abuja, on Monday, President TINUBU said he is confident that by working closely with the private sector, financing the Three Trillion Dollar National Infrastructure Stock can be achieved in 10 years and not in 300 years.
The President said the construction of mega cities in every geopolitical zone of the size and scale of Lagos must not take six decades because it can be achieved in one decade, emphasizing that a fully networked and connected Nigeria by rail, gas, fibre optics and road network can be constructed in less than 20 years with thriving Industrial Zones in every geopolitical zone of Nigeria before 2030.
Assuring the business community of a fairer and safer playing field for all, the President said his administration is strengthening the machinery and architecture of governance by establishing a public and civil service culture and structure that is performance and result-oriented.
President TINUBU outlined the eight priority items of his administration as ending poverty, achieving food security, economic growth and job creation, access to capital across all segments of society and the economy, inclusivity, security, fairness and rule of law, and anti-corruption, stating that he is committed to delivering improved livelihoods and positive economic outcomes which Nigerians can tangibly feel and experience.
The President however called on the private sector and all Captains of industry to support and redouble their commitment to his vision of a Renewed and more Prosperous Nigeria, a better Nigeria for all.
The annual Nigerian Economic Summit is organized by the Nigerian Economic Summit Group in collaboration with the Federal Ministry of Budget and National Planning.
October 23, 2023