• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Tuesday, May 13
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»News»Nigeria News»FG To Create Enable Environment For Investors- Buhari
Nigeria News

FG To Create Enable Environment For Investors- Buhari

By orientalnewsngJune 5, 2018No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Yemisi Izuora 

President Muhammadu Buhari on Monday assured the determination of government to boost Investors confidence as he promised to provide enabling environment to attract investment to the country.

Buhari made the pledge when he declared open the 61st Meeting of the United Nations World Tourism Organization Commission for Africa, UNWTO-CAF, in Abuja by inviting tourists and investors to consider Nigeria as their second home.

The President, who was represented by the Secretary to the Government of the Federation, Mr. Boss Mustapha, said his Administration has attractive investment incentives for investors in the tourism sector, including minimum

tariff on imported tourism equipment, amusement park equipment and

materials for hotel construction and furnishing, dedicated

transportation for tour operators and equipment for restaurants not

manufactured in Nigeria, work permit for foreign workers with

specialized skills within the industry and land at concessionary rate

by state governments to tourism investors.

He said the Administration, having identified the tourism sector as

one of the pillars of its diversification policy, is also investing

heavily in infrastructure and human resource development in order to

make Nigeria a choice destination for tourists.

”In our efforts at diversifying the economy through agriculture,

solid minerals development and tourism, we are investing heavily in

infrastructure. This administration has injected US$9 billion to

strengthen its investment in power, roads, railway in the past two

years alone.

”Also, this government is investing in human resource development

through the introduction of the Social Investment Programme that

has benefitted 9 million people. These programmes include our

Home-Grown School Feeding Programme that is providing one meal a day

to 7.4 million pupils in 22 states; N-Power programme that has

employed 200,000 university graduates and is about to employ 300,000

more; the Conditional Cash Transfer under which some 297,973 poor

homes are receiving 5,000 Naira monthly, and the Government Enterprise

and Empowerment Programme that has provided loans to hundreds of

thousands of small business owners,” President Buhari said.

The President hailed the ”creative young talents” that have made

Nigerian music and films the toast of the world, saying for the

Nigerian youths, the best is yet to come.

He commended the leadership of the UNWTO, the Commission for Africa

(CAF) and, most importantly, the Tourism

Ministers from all over Africa, for considering Nigeria worthy of

hosting this event.

Also speaking at the opening ceremony, the Minister of Information and

Culture, Alhaji Lai Mohammed, who is the host Minister, said hosting

the event in Nigeria is a testimony to the achievements of the Buhari

Administration, especially in the area of security

”As a matter of fact, four years ago, this meeting could not have

been held here. Recall that Boko Haram carried out many attacks in

this capital city. The UN Complex, the Police Headquarters, a

newspaper house, bus station were all attacked.

”Residents of Abuja could not sleep with their two eyes closed.

Today, that is history. There is no clearer evidence than the fact

that this event is being held here in the city,” he said.

Alhaji Mohammed said the Administration is working hard to boost

tourism in the country, citing the Visa On Arrival policy, massive

investment in upgrading infrastructure and enhancing security, as well

as the provision of enabling environment and incentives, including

strong public and private sector collaboration and enabling laws for

the

preservation and protection of cultural heritage, as some of the

measures being taken by the government.

He thanked President Buhari for his unalloyed support without which,

he said, the hosting of the conference would not have been possible.

The Minister said the meeting provides an excellent opportunity to

discuss ways and means to promote intra-Africa travels and tourism,

leveraging on the continent’s vast and unique resources and our

number, for mutual benefit to all member states.

The three-day meeting is being attended by over 500 delegates,

including 26 African Ministers of Tourism, the Secretary-General of

the UNWTO, who is leading the top executives of the global tourism

body, as well as tourism experts and stakeholders.

Share this:

  • Share
  • Email
  • Tweet
  • Reddit
cover
orientalnewsng

Related Posts

Former Military Administrator of Bayelsa State, Navy Captain Omoniyi Caleb Olubolade (rtd), is dead.

May 12, 2025

Funke Treasure Honoured with Triple Recognition at 2024 Accenture Gender Mainstreaming Awards

May 8, 2025

LG Unleashes Solar Water Borehole Projects In Delta State

May 7, 2025

Leave A Reply Cancel Reply

The latest
  • Breaking Up with AVE: The Toxic Relationship PR Refuses to End
  • NYSC Says 2025 Batch ‘A’ Stream II To Commenced Soon Nationwide 
  • Extreme Weather Exacerbates Hunger, Insecurity In Africa- WMO 
  • Why Nigerians Should Shun Ponzi Schemes-EFCC 
  • Two Gets Six Months Jail Term For Naira Abuse In Lagos
  • PenCom Targets 20 Million Pension Contributors By 2027 
  • EFCC’s Chairman Olukoyede Named Peak Performer By Youth Council
  • Unity Bank Empowers Youth Nationwide With Financial Literacy 
  • CBN Warns Public To Be Wary Of Contract Scammers
  • Nigeria Launches Strong Insurance Impact Mission In Aviation Sector 
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2025 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.