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Jonathan hails private sector support

05 September 2013, 11:15

Abuja - President Goodluck Jonathan pledged his administration’s commitment to implementing policies that would improve conditions for local entrepreneurs and attract investors to Nigeria.

Following a meeting with business leaders and investors in Abuja, Jonathan said his administration was fully committed to removing all major impediments that were hindering greater investment in the country.

Among the barrier he cited include inadequate infrastructure and unsteady power supply.

Jonathan’s spokesperson, Reuben Abati, said the president meanwhile lauded efforts by the private sector to complement government initiatives to transform the country’s economy.

“President Jonathan also expressed the Federal Government’s appreciation of the great support being given by Nigeria’s private sector to the implementation of his administration’s agenda for national transformation,” said Abati.

Jonathan praised the Dangote Group, which plans to build Africa’s largest refinery, petro-chemicals and fertilizer manufacturing complex in Nigeria, and a consortium of banks that is providing a $3.3 billion credit facility for the project.

The project will contribute significantly to the attainment of government’s priority objective of job creation.

“The President thanked Aliko Dangote (Founder) and the Chief Executives of the Nigerian banks that are helping to finance the project for being patriotic and having the confidence to invest in their own country,” said Abati.

Dangote, who led a team consisting of members from his company, the Manufacturers Association of Nigeria and leading banks, had earlier commended the Jonathan administration’s policies which he said had encouraged further investments in Nigeria.

“Your (administration’s) policies have helped us greatly. Without them, we will not be where we are today,” Dangote said.

– CAJ News


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