₦airaland Forum

…AS AICL HOLDS FIRST INVESTMENT SUMMIT

1. The Honourable Minister of the Federal Capital Territory Barrister Ezenwo Nyesom Wike has called for investments in the FCT's real estate, agriculture, tourism, mining, renewable energy, and construction sectors, saying that Abuja is open for business.

2. The Minister who made the call in Abuja on Wednesday, October 16, 2024, during the maiden Abuja Business and Investment Summit organized by the Abuja Investment Company Limited (AICL) to showcase the investment opportunities in the FCT, called on investors to explore the myriad of possibilities in these sectors.

3. He said the FCT's strategic location and growing population have created fertile ground for investments across its various business and investment sectors. He added that the FCT Administration has also undertaken significant measures to create an enabling environment for local and foreign investors to thrive.

4. The Minister further disclosed plans to commence nine major infrastructure projects in the FCT, saying the provision of road infrastructure and transportation networks have also been prioritized to ensure seamless connectivity within the territory.

5. He added the FCT Administration has also made considerable strides in enhancing security in collaboration with security agencies to ensure a secure environment for businesses to flourish.

6. The Minister further stated that the AICL and the Abuja Enterprise Agency have also supported investors by ensuring that they receive the necessary guidance at every step of their investment journey in the FCT, stressing that processes have also been streamlined to make it easier for investors to set up their operations.

7. He said, “I invite you to explore the various investment opportunities in the FCT. Whether you are interested in real estate development, technology incubation, or agrobusiness, there is a place for you here.”

8. He also commended the Group Managing Director of the AICL, Ambassador Maureen Tamuno, and her dedicated team for organizing the investment summit, saying it exemplifies the Administration’s commitment to fostering an investment-friendly environment in the nation’s capital.

9. Barrister Wike, while responding to a demand to allow the unhindered business activities of the informal sector in the FCT, warned that development and business activities in the FCT must follow the rules and regulations provided by law.

10.He said “No city can grow without planning. The mere fact that you migrate from the rural area into the city or where you want to have something to do does not mean that we will jettison the rules and regulations.

11.“So, when you see bulldozers coming, it’s to comply with the rules and regulations. Some of these settlements you are talking about are the shanties. You can’t build houses without development plans. Nobody does that.

12.“Sometimes, criminals will take advantage and take over this. For our survival, nobody can survive without obeying the law”.

13.In his keynote address at the summit, the executive Governor of Anambra State, Prof. Chukwuma Soludo, commended the FCT Administration for organizing the investment initiative. He said the summit was in line with the president's Renewed Hope Agenda and indicated the direction in which the country was headed.

14.Prof. Soludo, however, regretted that the country was “punching below its weight” in attracting foreign direct investments and called for improvement in business facilitation strategies to encourage sustainable investments.

15.Prof. Soludo, who also observed that the flow of investment funds and portfolios was shifting to emerging markets, said Nigeria must reposition itself to attract these investment flows.

16.He added that Nigeria needs to intentionally nurture domestic capital and promote national champions who will drive sustainable economic investments, even as he called for the patronage of locally produced goods.

17.Prof. Soludo also emphasized the need for investment in quality education, particularly technical and vocational training, to unleash young people's potential. He called for strategic interventions to create job opportunities for the teeming populace and derisk investments in the country.

18.He said, “If we don’t give our youth the tools to participate in tomorrow’s economy, they will become a liability. The rich will not sleep peacefully if the poor are restless”

19.Earlier in her welcome address, the GMD, AICL, Ambassador Maureen Tamuno, said the Abuja Business and Investment Summit aimed to promote investments in the FCT and provide a platform for networking among local and international investors.

20.She expressed confidence that discussions during the summit will inspire participants to think bigger and push the boundaries of what is possible in business and investment. She thanked the FCT Minister for his support in making the summit a success.

21.Goodwill messages came from the Minister of Foreign Affairs and strategic business partners of the AICL.



ANTHONY OGUNLEYE

DIRECTOR OF PRESS

(OFFICE OF THE FCT Minister)

16/10/2024

FCTA/ODP/PR/594

PHOTO CAPTION

1.FCT Minister, Barrister Nyesom Wike, with the Governor of Anambra State Prof Chukwuma Soludo during the Abuja Business and Investment Summit, in Abuja on Wednesday

2. L-R: Ag Head of Service, FCTA, Mrs. Grace Adayilo, representative of Minister of Foreign Affairs, Ambassador Bolaji Akinremi, FCT Minister, Barrister Nyesom Wike, Anambra State Governor, Prof. Chukwuma Soludo, GMD, Abuja Investment Company Ltd. Ambassador Maureen Tamuno, ES. FCDA, Engr. Shehu Ahmed and SA to the President on Economic Affairs, Tope Fasua at the Abuja Investment and Business Summit in Abuja on Wednesday.
3.FCT Minister, Barrister Nyesom Wike making his remarks at the Abuja Business and Investment Summit, in Abuja on Wednesday

Good or bad, the FCT minister is one of President Tinibu's Finest minister when it comes to result

Good initiative.

Abuja should be a business hub for West Africa considering the strategic position of Nigeria in the region

Wike is doing well.

Developers and 419 group of people keep off

Stop taking drugs wike

If truly Abuja is open for business, then I think I need to start my DNA center over there.
Dear Abuja women, don't be scared, I was only pulling your legs 😉.
What do I even know sef aside enlightening my fellow men nationwide with the good news

Oga if you no meet your wife as a virgin, oga go for DNA test oooooo because boreholes aka non-virgins can't be trusted atall atall

I have super good business proposal with foreign investors who will run the package that will make abuja a super green city.. Abuja will be super clean...but how can i meet you as a nobody?!

It's okay.

Wike ehn

Hmmmm

Abuja no b Rivers

to the general public

Wanted person

Kindly report this person to any nearest police station if seen.

Name ADEDEJI
WANTED FOR running away with bussines funds


Pix taken below.
His contact remain ‪+2349022349307‬ (WhatsApp)


1 million bounty on him pls.

Thanks
Any vital information., pls send a mail below ayce1295@gmail.com


Thanks.

Mtcheeeeeeeeeeeeeeeeeeeeeeeew


Fokn traitor

EmekaBlue:
I have good business proposal that will make abuja a super green city but how can i meet you as a nobody?!

pm me. I get access to him

Nice one. God bless Nigeria for ever!

Jj

But you don't want Rivers to be open for business.

EmekaBlue:
I have super good business proposal with foreign investors who will run the package that will make abuja a super green city.. Abuja will be super clean...but how can i meet you as a nobody?!

The minister is accessible, just go through the right channels

EmekaBlue:
I have super good business proposal with foreign investors who will run the package that will make abuja a super green city.. Abuja will be super clean...but how can i meet you as a nobody?!

go through the right channels ,

When it comes to infrastructures, wike is 001, but 000 in human capital development.

FCT is open 4 biz while Rivers should be made unsafe 4 bizness.
Uchu!

Ibela:
Good or bad, the FCT minister is one of President Tinibu's Finest minister when it comes to result

Was there any time Abuja was closed for business?

Anither563:
Nice one. God bless Nigeria for ever!

Was there any time Abuja was closed for business?

Was it closed before? News.

Okay

Was Abuja close for business before now... asking for a friend

Wike is a mad man

Wike is on fire as usual. Abuja is indeed open for business.

Same Wike will rather die than see Rivers open for business

He believes Rivers treasury belongs to him

Shadomaan7:
Wike is on fire as usual. Abuja is indeed open for business.

Was there a time it was closed for business?

Wike don talk am, Abuja is open for business.

Just dey lay ..face Abuja and leave River's alone