President Muhammadu Buhari has said that the policies of his administration towards improving Nigeria’s economy through diversification are on the right path.
The President stated this on Thursday in his address during the official commissioning ceremony of the Sunti Golden Sugar Estate (SGSE) in Niger State.
He said the Federal Government remains committed to delivering on the policy goals of tackling corruption and improving the security of lives and property in the country.
President Buhari gave the assurance that his administration would provide necessary support for businesses to strengthen investments in critical sectors such as agriculture, power, and solid minerals among others.
Restating his resolve to transform the economy, he said the government would continue to create an enabling business environment for investors.
The President further recalled that he had inaugurated the Presidential Enabling Business Environment Council (PEBEC) in July 2016, with the aim of improving the business environment in the country.
He said his administration would give more attention to major infrastructure including roads and rail construction as well as and power generation.
The event was also attended by the Niger State Governor, Mr Abubakar Bello, and the Chairman of Flour Mills of Nigeria Plc (FMN), Mr John Coumantaros.
The construction of the sugar estate costs more than N50billion naira, and it has the capacity to produce 100,000 metric tons of sugar annually.