President Bola Tinubu has assured genuine businesses intending to invest in Nigeria that his government was determined to create a conducive atmosphere for genuine businesses to thrive.
Tinubu, who was represented by the Secretary to the Government of the Federation, Sen. George Akume, said this on Tuesday in Abuja, at the opening ceremony of the 2nd edition of the Africa Natural Resources and Energy Summit (AFNIS).
According to him, the government will do everything possible to lower the risks of investment by overcoming the temptation to interfere in the legitimate business operation of duly licensed miners, warning that the government would no longer tolerate criminal adventures and their criminal collaborators.
“Dear investors, we are determined to create conducive conditions for genuine businessmen. We welcome you and shall do everything possible to assist law-abiding businesses to operate in our country.”
“However, we shall no longer tolerate criminal adventures and their local collaborators who exploit our socio-economic – environment to sabotage our nation, in the guise of bringing business. Those caught will face the full wrath of our laws, ” he said.
In his remark, the Minister of Solid Minerals Development, Mr Dele Alake said that Nigeria has witnessed the transformative potential of the solid minerals sector.
Alake however expressed the government’s renewed commitment to effectively harness the resources for the benefit of all Nigerians, “In Nigeria, we have witnessed the transformative potential of our solid minerals sector and the vast opportunities that lie within it.
“We are committed to harnessing these resources effectively, efficiently and sustainably to drive economic growth and create prosperity for our citizens. Our efforts in this direction have already yielded positive results, with increased exploration, investment, and responsible mining practices taking center stage,” Alake said.