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Tinubu

President Bola Tinubu has reaffirmed his administration’s commitment to protecting local and foreign investments, declaring that Nigeria is open for business and determined to provide a secure environment for investors through ongoing economic and regulatory reforms.

Represented by Vice President Kashim Shettima, the President made the declaration on Thursday at the official inauguration of the Sales Office and Experience Centre for the Abuja City Walk Development project in Abuja.

Tinubu described the multi-billion-dollar development as a practical demonstration of the Renewed Hope Agenda, saying his administration is translating its economic promises into tangible projects that will stimulate investment, create jobs and accelerate national development.

READ ALSO: FG Moves to Bridge Skills Gap, Drive Industrialisation

“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,” the President said.

He assured both domestic and international investors that the Federal Government was strengthening Nigeria’s legal, financial and physical infrastructure to safeguard investments, improve returns and eliminate bureaucratic bottlenecks that discourage business.

According to the President, the Abuja City Walk project reflects what can be achieved through collaboration between government and the private sector.

He noted that granting the development Free Trade Zone status would encourage regional commerce, medical tourism, premium retail businesses and high-end hospitality while positioning Abuja as a competitive investment destination.

Tinubu also commended the Federal Capital Territory Administration, led by Minister Nyesom Wike, for reviving the Abuja Technology Village corridor, which he said had remained undeveloped for about two decades.

He attributed the progress to land administration reforms and deliberate efforts to eliminate bureaucratic delays that had previously hindered development in the area.

The President stressed that his administration was ending the era of speculative land acquisition and abandoned projects, insisting that land must serve as a catalyst for economic growth rather than remain idle.

He urged the FCT Administration and project partners to sustain the pace of work, saying the opening of the sales office should immediately translate into accelerated construction on the site.

Earlier, the Minister of the Federal Capital Territory, Nyesom Wike, described the launch of the project as a major step towards achieving President Tinubu’s objective of attracting foreign direct investment and generating employment opportunities for Nigerians.

Wike said government would continue to provide an enabling environment for businesses to thrive but urged citizens to support government policies to ensure sustainable economic growth.

Executive Director of Link Development, Dr. Kassim Gidado, said the Abuja City Walk would feature residential estates, educational institutions, shopping malls, recreational centres, worship facilities, a Free Trade Zone and green spaces designed to create a modern city within Abuja.

Also speaking, BroadGate Development Group Chief Executive Officer and Project Manager, Peter John Young, said the project would redefine urban development in Africa and position Abuja among the world’s leading investment destinations.

The event concluded with Vice President Shettima and other dignitaries touring the newly inaugurated Experience Centre, which showcases the vision and master plan for the landmark development.

The Traffic NG
President Bola Ahmed Tinubu
Amarachi Ihesiulo
The Traffic NG

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