President Bola Tinubu says plans are underway to improve the country’s foreign exchange liquidity.
The President told the annual Nigerian Economic Summit Group on Monday that his administration will honour every legitimate contract with respect to the nation’s foreign exchange obligations.
President Tinubu told the 29th Nigerian Economic Summit (NES) in Abuja, on Monday, that 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.
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The President also said the construction of megacities in every geopolitical zone of the size and scale of Lagos must not take six decades because it can be achieved in one decade.
He explained 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.
The President assured the business community of a fairer and safer playing field for all, and that 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.
He called on the private sector to support his vision for a greater Nigeria, while urging the Captains of Industry to commit and double their commitment to building a renewed and more Prosperous Nigeria.
The President outlined the eight priority items of his administration to include: ending poverty, achieving food security, economic growth and job creation as well as access to capital across all segments of the society and the economy.
The annual Nigerian Economic Summit is organized by the Nigerian Economic Summit Group in collaboration with the Federal Ministry of Budget and National Planning.
Editor: Paul Akhagbemhe
