Nigeria has gone through a lot of reforms, yet we cannot be 100% sure everything goes smoothly. Some of you might not be here while we were discussing the rule of law, I know…for businesses, particularly investors, because I’ve been in that environment before, I am from that constituency; I was once a Treasurer ExxonMobile in Nigeria, so I can understand the pain and delays of investment, can understand the pain and delays of conflict in any business partnership and you cannot remove conflicts from the process, but you can minimize it. But how well the investor’s investment is protected is very clearly very important.
Investment is cowardly, it doesn’t like delays and conflicts, it will run away, we understand that. Equally, time management, to promote efficiency and smooth operation under the rule of law is crucially important.
We are reforming our economic and business environment to promote efficiency. You might have read or been aware that we have removed oil subsidy, we’re going through tax reforms to eliminate double taxation and give you better returns on investments and there are principles that will ensure your investments grows well and is protected.
We definitely welcome you to the collaboration, we’re happy this is happening to us. I believe that my friend will add more to the value of Nigeria’s environment. We have discussed that, I’ve made a commitment to you that we’ll promote the efficiency, ease-of-doing-business and remove all conflict areas that might be possible immediately. You are welcome