Tinubu restates resolve to protect local, foreign investments in Nigeria

President Bola Ahmed Tinubu has restated the commitment of his administration to guarantee the safety of domestic and international investments, declaring that Nigeria, under his leadership, is ready and open for business.

Speaking on Thursday in Abuja during the official launch of the Sales Office and Experience Centre for the landmark Abuja City Walk Development project, the President who was represented by his deputy, Vice President Kashim Shettima, described the project as a tangible manifestation of his administration’s Renewed Hope Agenda.

“We are not just opening a building. We are unveiling the window to a multi-billion-dollar future. We are presenting a tangible manifestation of our Renewed Hope Agenda, sculpted in concrete, innovation, and unwavering determination,” he said.

The President recalled an earlier promise he made to Nigerians on a radical economic transformation and infrastructure renewal, saying “the City Walk Experience Centre stands as proof that our administration does not just make promises, we execute them with determination.”

On the viability of the project, The President said that “the Abuja City Walk is a shining symbol of what can be achieved when political will meets private sector expertise and capital.

“By granting this corridor a Free Trade Zone status, we have further eliminated trade friction, laying down a fertile environment for regional commerce, medical tourism, premium retail, and high-end hospitality, he said.

He commended the commitment of the FCT administration led by the Minister, Barr Nyesom Wike, in the realisation of the project, stating that “for 20 years, the Abuja Technology Village corridor lay dormant.

“Today, through aggressive land administration reforms and the eradication of bureaucratic inertia, it is being transformed into a bustling construction hub,” he said.

The President said that under the Renewed Hope Agenda, his administration was gradually putting a permanent end to the era of land speculation and abandoned mega-projects in Abuja.

“We have made it clear that land is an asset for rapid development, not an instrument for developmental retrogression and speculative hoarding.

“Through this development, we are pushing the boundaries of architectural and engineering possibility in Africa. This magnificent project also underscores our deep conviction that sustainable national development cannot be carried out by the government alone,” he said.

He charged the FCT Administration and partners in the project to maintain the intense momentum, insisting that the launch of the sales office and experience centre must translate immediately into accelerated brick-and-mortar execution on-site.

The Minister of FCT said the formal launch of the Abuja City Walk project was a realisation of one of the cardinal objectives of administration of President Bola Ahmed Tinubu, to attract foreign direct investment and create employment opportunities for Nigerians.

Wike said that while it is government’s responsibility to provide the enabling environment for investments to thrive and create employment opportunities, citizens must play their part by supporting government policies and programmes to ensure continuity and sustainability.

In an overview of the project, the Executive Director, Link Development, Dr Kassim Gidado, said the ocassion represented the beginning of a bold vision, dedicated realisation of a huge project milestone and the cornerstone of the Renewed Hope Agenda of President Tinubu.

He said that the centre was designed to provide, among other facilities, recreational spots, educational institutions, condusive residential accommodation, worship centres, shopping malls, a free trade zone and a green corridor, all targeted to create a city within the city of Abuja.