NewStats: 3,262,010 , 8,175,867 topics. Date: Saturday, 31 May 2025 at 02:20 PM 4c122

President Bola Ahmed Tinubu on Saturday in Riyadh, Saudi Arabia, assured potential investors of the free flow of their funds in and out of Nigeria, saying the bottlenecks that created the ime was long gone.

Tinubu premised his assurances on reforms by his istration, particularly the discontinuance of petrol subsidy and the unification of the exchange rate.

“Your money will flow easily in and easily out. The arbitrage around our nation’s old foreign exchange policy regime and the corruption that was associated with it is also gone,” said the President as he opened talks with the Captains of Saudi Arabian industry at the Nigeria-Saudi Investment Roundtable in Riyadh.

Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in a statement he signed on Saturday titled ‘President Tinubu to Nigeria-Saudi investment roundtable: All bottlenecks will be crushed and your funds will come in and go out without hindrance.’

He maintained that his team of ministers and aides were working to erase the justifications for every negative notion about Nigeria’s business climate in the past with respect to ease, monetary policy and trade cooperation.

Declaring Nigeria “open for business”, the President said, “I believe in this team that I have brought from Nigeria. When I took office, I declared the immediate commencement of bold and fundamental economic reforms.

“We have executed them, and we sustain the reform process. Today, I declare that red tape is gone! I believe in the full application of free market economics.

“We took on those bold endeavours from day one in preparation for serious investors like you seated here.”

He told the Saudi business community that Nigeria had the ripe market and human capital for investors to prosper.

In his remarks, the Saudi Arabia’s Trade and Investment Minister, Kahlid El-Falih, noted the ion and candid expression of the Nigerian leader, saying that after listening to Tinubu’s remarks, which were not from a prepared speech, the Saudi investment community would respond with substantial new investment across several sectors of the Nigerian economy.

“The Minister of Commerce and I will be visiting Nigeria either before the end of this year or very early next year with a very large delegation of Saudi CEOs from all key sectors.

“We know you are ready for business, so we do not want to come to Nigeria for any exploratory discussion. We are coming for implementation. It is an action visit,” said El-Falih,” he added.

Source: https://punchng.com/Tinubu-promises-investors-funds-wont-be-trapped

PBAT Keep on trying cos eyes dey red! People dey para wella!

But Hope dey Imo state!

May Allah guide you and all your appointees!
We'll keep praying for you and Nigeria!

And may the curses of those cursing you and Nigeria go back to them!

When Nigerians funds are being trapped inside their own country,
Tinubu is assuring foreign investors the opposite...

Oga wake up and start fixing this country. Who is going to invest in a country where darkness is looming and the road conditions is deadass

That's what we need a this point in time.
I love the observation from the Saudi that it was not a prepared or written speech, this means the president spoke from his heart.
May Nigeria succeed

They have been promising since 2015

Ok

Jestin:
Oga wake up and start fixing this country. Who is going to invest in a country where darkness is looming and the road conditions are deadass

People who have interest and money will.
He is not talking to you and your fellow wretched co-travellers.

Fixing the country is looking out for those who can invest in the country, trade deals are modes of improving a country, if investors come in, CSR can solve some of the country's problems because investors must give back to the society.

Una go explain & convince tire... It is painful we have to resort to things like this to woo investors.

$700m funds for foreign airlines still trapped

Ok

NOC1:


People who have interest and money will.
He is not talking to you and your fellow wretched co-travellers.

Fixing the country is looking out for those who can invest in the country, trade deals are modes of improving a country, if investors come in, CSR can solve some of the country's problems because investors must give back to the society.

I hate when ignorant people quote me. Let the govt fix this country and investors will start trooping in. Close ur smelling mouth if you don’t have any reasonable thing to say

This babablu na scammer. The drug trafficker is running the government with propaganda.

I am sure any foreign investor will do their SWOT analysis and not believe the lies of Timlubu. Foreign airlines still have trapped funds in Nigeria.

Buhari istration created many bottlenecks in the system. Bottlenecks reduces opportunities and it chokes the economy.

Stop your criminality and hateful tribalism, which I doubt you can ever do, it is etched in your DNA.


An igbo leader will never bow to a competitor like Saudi Arabia. They don't have any non arab interest. They love paying to build mosque everywhere and encourage islamics.


If I were a leader, I will tell them that we are renouncing their cultism association on minute 1. By minute 2 to 3 - they will be aware that we will not be paying their useless dues anymore. Including, no hajj payment.

All their movements will be spied on, and non physical thriving business visas - deported and declined. They should go and apologize to Israel with pay. Then pay the SE and cousins, for encouraging Boko haram and financing lots of terrorism.

NOC1:


People who have interest and money will.
He is not talking to you and your fellow wretched co-travellers.

Fixing the country is looking out for those who can invest in the country, trade deals are modes of improving a country, if investors come in, CSR can solve some of the country's problems because investors must give back to the society.

if you're a potential investor, will you invest in a country like Nigeria?

UnfairLife7:
if you're a potential investor, will you invest in a country like Nigeria?

Yes....ask MTN.
Yes...ask Erisco.

NOC1:


People who have interest and money will.
He is not talking to you and your fellow wretched co-travellers.

Fixing the country is looking out for those who can invest in the country, trade deals are modes of improving a country, if investors come in, CSR can solve some of the country's problems because investors must give back to the society.

You don't actually need to beg investors to come. They are like bees and will always be attracted to honey.

Make investor friendly policies and they will swarm in

No worry, you will continue to fix the country until Jesus go come. Shebi una dey use 15 years rehabilitate 120km kilometer road.

Don't worry bro, TINUBU got you and your family.

NOC1:


People who have interest and money will.
He is not talking to you and your fellow wretched co-travellers.

Fixing the country is looking out for those who can invest in the country, trade deals are modes of improving a country, if investors come in, CSR can solve some of the country's problems because investors must give back to the society.

Believe the drug sniffing vagabond at your own peril

APC and lies are Siamese twins

When Investors funds get stuck they will deny it in their usual manner

The Fulani man brought Nigeria to ruin for decades... Obasanjo regime was marked with foolery.
Tinubu, I pray you perform.
I got no place to go yet... Let Nigeria succeed.

If you don't agree with me... Go and dig up Obasanjo's policies and actions; you will be forced to shut him up anytime he dares speak.
Obasanjo's politics was that if witch-hunting.
Obasanjo's was brain behind monopolistic economy. He favoured a few in business and crippled a lot of others.

How? By printing more money

Tinubu with his patch patch CV CBN governor will wreck this country

Jestin:
Oga wake up and start fixing this country. Who is going to invest in a country where darkness is looming and the road conditions is deadass

wretched

President Bola Ahmed Tinubu, Chief Marketing Officer of the Renewed Nigerian Project. We

Very good

Baba dn de do Yahoo

adenigga:



Source: https://punchng.com/Tinubu-promises-investors-funds-wont-be-trapped

You cannot clear forex backlog yet you're making them false promises. You forget that these people know how to think, unlike your stupid compatriots

Say no to fugly, stupid & greedy, Nigerians will not hear. They will rather cook soup on election day and suffer for the next eight years ...dibo k'o sebe awon alakori

adenigga:

Tinubu premised his assurances on reforms by his istration, particularly the discontinuance of petrol subsidy and the unification of the exchange rate.

Balablu thinks Saudis are fools and won't do due diligence before investing in Nigeria. Just see the clear lies Balablu is lying here. Which petrol subsidy was discontinued? Which exchange rate was unified? Has all the foreign exchange backlogs been cleared?

adenigga:

“The Minister of Commerce and I will be visiting Nigeria either before the end of this year or very early next year with a very large delegation of Saudi CEOs from all key sectors.

This is how you know people who are ready for business. Tinubu went to Saudi Arabia with governors, ministers and other political appointees. And maybe a handful of the government-backed business monopolies like Dangote.
How can the economy recover when you ignore hundreds of other credible businesses when travelling overseas for business engagements.

Just look at what the Saudi guy said... he'll be coming with a very large delegation of Saudi CEOs from all key sectors
Many CEOs from Saudi Arabia were even there at the summit.
It's clearly one-sided. Tinubu, just like Buhari, is clearly portraying Nigeria as a consuming nation.

We're just joking in this country. The government is not harnessing the full potentials we have in this country.
spits

Alliswell248:


Yes....ask MTN.
Yes...ask Erisco.

Many has left in the 80s, 90s and they're still leaving.