Ilorin: President Bola Tinubu has said that his government would continue to prioritise reforms that enhance the ease of doing business, expand critical infrastructure, and stimulate sustainable growth in the real sectors.
Tinubu gave the assurance on Thursday in Ilorin at the 65th Annual General Meeting/ Conference of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).
The Minister of State represented the president for Industry, Trade and Investment, Sen. John Eno.
He identified a market-driven and private sector-led economy with strategic reinforcement from public-private partnerships as the path to enduring national prosperity.
He expressed the federal government’s readiness to work closely with the association to advance the nation’s shared economic ambitions.
The president urged the association’s leadership to forge strong partnerships with the Federal Ministry of Industry, Trade, and Investment and other economic institutions to stimulate trade and attract investments into the country.
“My administration is committed to creating an environment where businesses can confidently thrive.
” We continue to prioritise reforms that enhance the ease of doing business, expand critical infrastructure, and stimulate sustainable growth in the real sectors.
“We firmly believe that a market-driven, private-sector-led economy, reinforced by strategic public-private partnerships, is the surest path to enduring national prosperity,” the president said.
At the conference, renowned industrialist Mr Jani Ibrahim was officially inaugurated as the new National President of the association.
Tinubu congratulated Ibrahim on his investiture and urged him to forge strong partnerships with the ministry and other key economic institutions.
He says this is to stimulate trade, attract investments, and energise business activities across Nigeria.
” I encourage you to use your vision, networks, and experience in this new chapter,” the president said.
In his remarks, Gov. AbdulRahman AbdulRazaq of Kwara emphasised the need for stakeholders to fully exploit Nigeria’s population, human and natural resources, and demographic peculiarities.
AbdulRazaq, speaking through his deputy, Mr Kayode Alabi, said this was to drive stronger economic growth, sustainable development, and shared prosperity.
He tasked NACCIMA and other leading institutions in Nigeria to fully utilise Kwara’s unique blend of infrastructure, investments, friendly climate, and cultural legacies.
The governor said these legacies promote trade, agribusiness, and food security, as they promote creativity, tourism and leisure, innovation and technology, and general human capital development.
Also speaking, the Attorney General of the Federation, Prince Lateef Fagbemi, pledged the government’s firm commitment to legal and policy reforms that support ease of doing business, enhance investment protection, and combat illicit financial flows.
He noted that reform in the legal sector is crucial to shaping economic growth and, in turn, ensuring a predictable, fair, and efficient business environment that attracts investments with confidence for prospective investors.
“We intentionally enhance commerce and trade by improving our legal frameworks to address current economic realities.
” This we have achieved through national policies such as the National Policy on Arbitration and Alternative Dispute Resolution, 2024 (the “Arbitration Policy”), National Policy on Justice 2024 – 2028 (the “Policy on Justice”), and key legislations.
“We will continue to pursue reforms aimed at transparent legal systems, strengthening the judiciary to guarantee business rights and sanctity of contracts, promote business-friendly innovations and consistent trade and economic policies,” he said.
In his remarks, the new NACCIMA President, Ibrahim, said he had the requisite tools to reposition the chamber.
He promised to be innovative and introduce new reforms that would change the chamber’s fortunes and make it an indispensable organisation for economic prosperity.