President Bola Tinubu has said Nigeria has become a high destination for investment, citing improved economic performance and increased inflows into key sectors despite prevailing challenges.
According to the statement made available to the press by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.
The president made the remarks on Thursday at the State House, Abuja, while receiving a delegation from the Civil Society Organisation on Community Advancement and Humanitarian Empowerment Initiative (CSCHEI).
“I have just received the good news that our gas investment has crossed the most difficult river and is moving very effectively,” Tinubu said, referring to the completion of the River Niger crossing of the OB3 Gas Pipeline.
He noted that the milestone would significantly boost energy security, power generation and industrial growth, adding that the economy was beginning to show signs of recovery.
“We have survived the edge of bankruptcy; we are seeing the light at the end of the tunnel,” the president said.
Tinubu also highlighted ongoing infrastructure projects, including the proposed Sokoto–Badagry highway, which he said would unlock economic opportunities across multiple sectors.
“We have an audacious project—the Sokoto-Badagry highway. Along that corridor, there are over 75 dams that can be used for irrigation, technology and power generation that will serve the majority of Nigerians to improve the quality of life,” he said.
On security, the president said efforts were ongoing to stabilise the country, noting that the issue of state police was under consideration.
“It’s not a situation that you can rectify with a snap of the finger. We shall overcome,” he added.
Tinubu commended the civil society group for its engagement in governance, saying, “Thank you for instigating high-level intellectuality and inquisitiveness in governance.”
Earlier, the Director-General of CSCHEI, Kunle Yusuff, praised the administration’s reforms, describing the president as “the architect of Nigeria’s new financial infrastructure.”
“Mr President, to describe you as the architect of Nigeria’s new financial infrastructure is neither hyperbolic nor gainsaying. The revenue outcomes have witnessed an exponential growth exceeding 300%,” he said.
Yusuff also commended the government’s policies on local government autonomy, infrastructure development, and social investment programmes, while calling for expansion of beneficiary coverage.
He reaffirmed the organisation’s commitment to supporting government initiatives and promoting socio-economic development.