By Abimbola Ogunnaike
President Bola Ahmed Tinubu has disclosed that forest investment drive of his administration has yielded positive results as it has attracted $30 billion in Foreign Direct Investment (FDI).
President Tinubu said since he assumed the leadership of the country in May 2023, the investments have already started coming into Nigeria.
Tinubu stated this while speaking at the Leadership Conference and Awards, 2023, in Abuja on Tuesday, 5 March, 2024.
“Since we assumed office in May 2023, we have attracted $30 billion in Foreign Direct Investment (FDI) commitments into the real sectors of the economy, including Manufacturing, Telecoms, Healthcare, Oil & Gas, and others.
“Those investments have already started coming into the country. Just a few days ago, I was in Qatar on an official visit, where the Emir assured me that a senior government delegation would visit Nigeria after Ramadan, to begin taking action on some of the new investments they are looking at here, “Tinubu said.
“I have asked the Minister of Finance and Coordinating Minister of the Economy to directly interface with the Qatari authorities to ensure that speedy progress is made.”
While seeking support and patience from Nigerians, Tinubu also paid tribute to the Late Sam Nda-Isaiah, founder of the Leadership Group Limited, and commended his wife, Zainab Nda-Isaiah, for her continuing leadership.
“I will not close without paying special tribute to the memory of Sam Nda-Isaiah, the man who made this possible, who envisioned and built this into the media empire that it is today.
“Your memory will continue to live on, not only in our hearts but also in your brilliant writings and in the family and the business legacies that you left behind,” he said.
Furthermore, he emphasized the importance of media reporting that focuses on successes, and not just challenges.
“I ask for the continuing patience and support of all Nigerians, including the elite that is very well represented in this room today.
“To the Nigerian media, I urge you to strive to report not only the challenges but also the solutions and the opportunities as well.
“Ours is a story of a country that is taking the right steps, and feeling the fleeting pains that will come with this course of action. A glorious dawn is indeed assured.”
