President Bola Tinubu has promised the manufacturing and service sectors that additional changes will be implemented to boost productivity and draw in investment. He also stated that the current economic “revolution” will be intentionally guided to attract and benefit the nation’s teeming youth population.
Dele Alake, Special Adviser to the President on Special Duties, Communications, and Strategy, said that Tinubu revealed this when he met with an MTN team at the White House led by its Chairman, Mcebisi Jonas.
According to Tinubu, the nation would implement measures to realign its economy.
“We have a duty to transform the economy so that our young people can benefit from the nation’s wealth; otherwise, we are just waiting for the dreams to be realized.
“Please let us know if you run across any difficulties or obstructions. The President acknowledged the profound changes taking place around the world, which are mostly being driven by technology, and said, “We are ready to remove bottlenecks to investments in the economy.”
He continued by saying that the only way to stop the rising rural-urban movement is to make more investments in digital technology, which will directly enhance healthcare and educational opportunities for the underprivileged.
The President said, “I’m glad you’re going away from corporate social responsibility to be more incisive and curious with technology so we can see how we can partner structurally.
“Working with us will help the economy tremendously. Nobody can succeed alone, in our opinion. The structural changes we are making will help us head in the right way and reach a place that will take care of our people.
The people will be given a piece of that prosperity, and you and I will see to it. Together, we will create an informed society. The path has to be reevaluated. I’m happy to see that the structural changes are having a favorable effect on the stock market,” he said.
MTN Group Chairman Jonas stated that the organization had plans to invest $3.5 billion in the economy over the following five years, with a larger vision of becoming a pan-African company by shifting investments from the Middle East and focusing more on Africa, particularly Nigeria, where it receives the highest return on investment.
The MTN Group Chairman said, “The message you have given us is that Nigeria is investible and that with your election, we are witnessing decisive, swift and keen engagement in structural reforms.
