President Bola Tinubu has reaffirmed the Nigerian Government’s commitment to safeguarding domestic and foreign investments, declaring that the country is open for business and remains a safe destination for investors under his administration.
Speaking on Thursday in Abuja during the official launch of the Sales Office and Experience Centre for the landmark Abuja City Walk Development project, the President described the project as a tangible manifestation of his administration’s Renewed Hope Agenda.
This, he said, is further guaranteed by the ongoing optimisation of legal, physical, and financial frameworks to protect capital, guarantee returns, and eliminate unnecessary administrative bottlenecks on the system.
Represented by Vice President Kashim Shettima, the President said; “We are not just opening a building. We are unveiling the window to a multi-billion-dollar future. We are presenting a tangible manifestation of our Renewed Hope Agenda, sculpted in concrete, innovation, and unwavering determination.”
The Nigerian leader recalled an earlier promise he made to Nigerians on a radical economic transformation and infrastructure renewal, saying “the City Walk Experience Centre stands as proof that our administration does not just make promises, we execute them with determination.”
Viability
On the viability of the project, President Tinubu noted that “the Abuja City Walk is a shining symbol of what can be achieved when political will meets private sector expertise and capital.
“By granting this corridor a Free Trade Zone status, we have further eliminated trade friction, laying down a fertile environment for regional commerce, medical tourism, premium retail, and high-end hospitality.”
He commended the commitment of the FCT administration led by the Minister, Nyesom Wike, in the realisation of the project, saying “for 20 years, the Abuja Technology Village corridor lay dormant.”
The President said; “Today, through aggressive land administration reforms and the eradication of bureaucratic inertia, it is being transformed into a bustling construction hub.”
President Tinubu noted that under the Renewed Hope Agenda, his administration was gradually putting a permanent end to the era of land speculation and abandoned mega-projects in Abuja.
His words: “We have made it clear that land is an asset for rapid development, not an instrument for developmental retrogression and speculative hoarding.
“Through this development, we are pushing the boundaries of architectural and engineering possibility in Africa. This magnificent project also underscores our deep conviction that sustainable national development cannot be carried out by the government alone.”
The President urged the FCT Administration and partners in the project to maintain the intense momentum, insisting that the launch of the sales office and experience centre must translate immediately into accelerated brick-and-mortar execution on-site.
