The President of the Federal Republic of Nigeria, Dr. Goodluck Jonathan has on Thursday at the 14th Meeting of the Honorary International Investors Council (HIIC) held at the Banquet Hall of the Presidential Villa, assured International investors that Nigeria is winning the battle against terrorism and as such the climate had become conducive for foreign investors to invest in Nigeria.
HIIC, co-ordinated by Baroness Lynda Chalker, was inaugurated in 2004 as a Presidential Advisory Council to attract global financial players to the nation’s economy.
The President said that there had been substantial improvement in national security with the declaration of state of emergency in Borno, Adamawa and Yobe states on May 14. He said the emergency rule had attracted unprecedented support from the local communities in the affected states, adding that: “this shows that the residents are also disenchanted with the level of insecurity.
This development he said “has confirmed government position that the various insurgencies witnessed in the country have nothing to do with religion, but “they are actually activities of internationally-backed terror groups determined to destabilise the country.”
“My administration understands that security is key to attracting investment and development, and will leave no stone unturned to guarantee safety of lives, property and investments,” he reiterated.
He also applauded members of the HIIC for their efforts at attracting business and investment into the country and encouraged them to do more.
Jonathan said the nation’s economy was growing, but he would like to see it improved to double digit growth.
He informed the Council that he presented a mid-term report of his administration’s performance on May 29 to correct the “lots of misinformation” going on among the people.
Top government officials as well as ministers including Vice-President Namadi Sambo, Minister of Aviation, Stella Oduah Minister of Finance, Dr Ngozi Okonjo-Iweala, Minister of Power, Prof. Chinedu Nebo and other high ranking personalities were present at the meeting.