Saturday, 11 May, 2024

Tinubu vows to revolutionize Nigeria’s economy


Tinubu

President Bola Ahmed Tinubu has said his led-administration has a responsibility to revolutionize the economy so that youths can share in the prosperity of the nation.

The president stated this while receiving a delegation from one of the telecom companies, MTN in Abuja.

President Bola Tinubu (Photo credit: NRTC Library)

He assured manufacturing and service sectors that more reforms will be unfolded to enable efficiency and attract investments, saying the ongoing economic ā€˜ā€˜revolutionā€™ā€™ will be deliberately steered to capture and favour teeming youths in the country. 

ALSO READ: President Tinubu departs Abuja for Guinea-Bissau tomorrow 

President Tinubu acknowledged that the growing rural-urban migration can only be controlled with more investments in digital technology that will directly improve healthcare systems and education for the poor.  

He further expressed happiness that the MTN is contributing to the growth of the country by moving from Corporate Social Responsibility to being more incisive and inquisitive with technology.

He believes MTN can do a lot more for the economy by partnering with his administration. 

ALSO READ: Tinubu lauds Senegalese President on third term decision

The MTN Group Chairman, Jonas Mcebisi said the company has a plan of investing $3.5 billion in the economy over the next five years, with a broader vision of becoming a pan-African company by moving investments from the Middle East and focusing more on Africa, especially Nigeria, where it gets the highest return on investment. 

Jonas felicitated Tinubu for the upswing of interest in the country within a short period since he assumed office.

He promised to support the mobilization of other investors with about $1.5 trillion to look towards Nigeria, where reforms had been styled to favour business and encourage inclusive development.


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