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President Muhammadu Buhari stated on Saturday that “investors from all over the world are falling over themselves to come and do business in Nigeria” because he had given the country a good image.
Buhari said this on Saturday during his independence day broadcast.
He said: “Abroad, Nigeria’s standing has changed beyond belief in the last 18 months. We are no longer a pariah state. Wherever I go, I have been received with un-accustomed hospitality. Investors from all over the world are falling over themselves to come and do business in Nigeria. This government intends to make business environment more friendly because we can not develop ourselves alone.
“All countries, no matter how advanced, welcome foreign investments to their economy. This is the essence of globalization and no country in the 21st century can be an island. Our reforms are therefore designed to prepare Nigeria for the 21st century”.
President Buhari also promised that his administration’s programmes will revive the economy, restore the value of the naira and drive hunger from our land.
The president also said he understands the pain Nigerians were going through in the current economic challenges.
He said: “I know that uppermost in your minds today is the economic crisis. The recession for many individuals and families is real. For some It means not being able to pay school fees, for others it’s not being able to afford the high cost of food (rice and millet) or the high cost of local or international travel, and for many of our young people the recession means joblessness, sometimes after graduating from university or polytechnic.
“I know how difficult things are, and how rough business is. All my adult life I have always earned a salary and I know what it is like when your salary simply is not enough. In every part of our nation people are making incredible sacrifices”
READ: FULL TEXT of President Buhari’s Independence Day broadcast, October 1, 2016