The minister claims that despite the difficulties the nation faces, the Buhari administration made significant progress in luring international investors to Nigeria.
Adeniyi Adebayo, the minister of industry, trade, and investment, provided a favorable evaluation of the President Muhammadu Buhari administration’s efforts to address the national problems of low power and insecurity.
While opening the Federal Government Automotive Training Center in Ekiti State on Saturday, Adebayo expressed his views.
The security and electrical sectors have presented us with difficulties. However, there have been advancements, and the government has created measures to lessen the issue of electricity production, he added.
“With the regulations that have been put in place, it is now possible for both the government and private persons to produce their own energy.
“Therefore, advancements will continue. I often remark, “If anybody were to visit Nigeria, or if somebody who passed away 20 years ago were to come back to life and visit Nigeria, they would be in awe of what Nigeria has developed into.
Adebayo also stated his optimism that the next years would bring greater success and his view that alternative power generating options will benefit Nigerian businesses and investments.
He asserts that despite the difficulties the nation faces, the Buhari administration has made significant progress in luring international investors to Nigeria.
“We spent a lot of time traveling the globe and speaking with international businesses, nations, people, and investors; many of them heated our coal.
“I believe that many of the policies and programs implemented by the government have allowed the government to attract a significant amount of investment,” he added.
The former governor of Ekiti countered that Nigerian businesses had been growing and extending their investments, which, in his view, was shown by a rise in non-oil exports.
