Expect more industry reforms to attract investments-Tinubu assures Nigerians

By Ikugbadi Oluwasegun

President Bola Tinubu has assured the manufacturing and service sectors that more reforms will be unfolded to enable efficiency and attract investments, saying the ongoing economic ‘‘revolution’’ will be deliberately steered to capture and favour teeming youths in the country.

The president gave the assurance when he received a delegation of one of the telecom campanies, MTN at the state house on Friday.

President Tinubu said his administration has a responsibility to revolutionize the economy so that youths can share in the prosperity of the nation.

Tinubu acknowledged that, the growing rural-urban migration can only be controlled with more investments in digital technology that will directly improve healthcare systems and education for the poor.

Speaking further,he expressed happiness that the company is contributing to the growth of the country by moving from Corporate Social Responsibility to be more incisive and inquisitive with technology.

He believes the company can do a lot more for the economy by partnering with his administration.

Jonas Mcebisi the MTN Group Chairman who led the delegation said the company has a plan of investing $3.5 billion in the economy over the next five years, with a broader vision of becoming a pan-African company by moving investments from the Middle East and focusing more on Africa, especially Nigeria, where it gets the highest return on investment.

According to a statement by Dele Alake, the presidential adviser on Special Duties, Communications and Strategy, Jonas congratulated the President for the upswing of interest in the country within a short period since he assumed office, promising to support in mobilisation of other investors with about $1.5 trillion to look towards Nigeria, where reforms had been styled to favour business and encourage inclusive development.

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