The Nigerian government has made it clear that it will not tolerate criminal adventurers and their local collaborators who exploit the country’s socioeconomic environment to sabotage the nation under the guise of business. President Bola Tinubu expressed this determination at the Africa Natural Resource And Energy Investment Summit in Abuja. He assured genuine investors that the government will create favorable conditions for their businesses to operate, but warned that those who engage in criminal activities will face the full force of the law.
Tinubu, represented by George Akume, the secretary to the Nigerian government, emphasized that Nigeria is open for business and welcomes partnerships with genuine investors who share the vision of equitable wealth distribution. The government aims to develop the country’s resources and achieve sustainable development goals, including poverty eradication and improved healthcare.
Tinubu also highlighted the importance of the solid minerals sector in the Nigerian economy. He acknowledged the challenges faced by the sector, such as illegal mining, banditry, and lack of comprehensive data. However, he expressed confidence in the government’s ability to address these issues and revive the sector. Tinubu drew parallels with the petroleum sector, which became Nigeria’s largest source of revenue, and pledged to replicate that success with solid minerals.
The government is committed to improving the ease of doing business in the mining sector and has taken steps to tackle corruption and economic sabotage. Tinubu warned those responsible for hindering progress in the sector to change their ways or face consequences. He assured that the penalties for economic sabotage are clearly defined in the law and will be enforced.
In conclusion, Tinubu’s speech at the summit conveyed the government’s determination to protect the Nigerian economy from criminal adventurers and promote genuine business opportunities. The government aims to attract investors who are committed to sustainable development and equitable wealth distribution. Tinubu emphasized the potential of the solid minerals sector and the government’s efforts to overcome challenges and revitalize the sector. With a new focus on transparency and accountability, the government is poised to create a conducive environment for business growth and economic prosperity.