Nigeria’s Vice President Yemi Osinbajo has assured the business community that government will continue to provide an enabling environment for them.
Professor Osinbajo highlighted ‘trustworthiness’ as the basic ingredient that could make any business to thrive.
He was speaking at the launch of a magazine called ‘The Interview’ in Abuja.
“President Muhammadu Buhari’s government recognises the importance of business to the development of the economy, thus its commitment to the provision of an enabling environment and enhancing the ease of doing business in all parts of the country,’’ Professor Osinbajo said.
In encouraging business activities, the Vice President explained that the government intended making visa procurement easier for foreign business men willing to come and invest in Nigeria, making land registration faster and allowing businessmen have access to credit.
Strength of character
Professor Osinbajo advised business men to exhibit strength of character and maintain ethical principles, to succeed.
“Basing your business on sound ethical principles may look stupid at the beginning, but eventually it is a sound business sense. Trustworthiness is still the best currency in doing business and all over the world, entities that have been able to maintain trust have proved that integrity still pays,” the Vice President stressed.
The Katsina State Governor, Aminu Masari said the fall in oil price, the Boko Haram insurgency and militancy in the Niger-Delta were responsible for the challenges Nigeria was currently facing.
“Not only here in Nigeria but globally we are facing a downturn in terms of the performance of economies. In our own case, it is a triple tragedy because apart from the fall in the price of the main source of our revenue-crude oil, we also have the issue that we had to contend with, the insurgency caused by the Boko Haram madness and the militancy we have encountered from the Niger-Delta as well as other insecurity conditions like cattle rustling and herdsmen-farmers clash,” the Governor explained.
“Nigeria has all it takes to be a great nation and the media have a vital role to play in moving the country forward,’’ Governor Masari, who was the Chairman of the occasion added.
The Publisher of the Magazine, Mr Azubuike Ishekwene said goodwill was the driving force behind the successes he had recorded.
Mr Ishekwene added that his company had also offered scholarship to students of Kubwa, a suburb in Abuja, where it is domiciled.
The company also celebrated its One Year Anniversary.