Fashola allays investors fear over security situation in Nigeria

Posted by admin Lagos, State News Friday, June 8th, 2012

Lagos State governor, Mr Babatunde Fashola, has said that in spite of the security challenges in the country, the Nigerian environment remains suitable for local and foreign investments.

Speaking while playing host to an Austrian business delegation led by that country’s Vice Chancellor and Foreign Minister, Mr Michael Spindelegger, the governor submitted that, “in terms of security, let me assure you that Nigeria is safe. We have challenges, of course, like any other country, but the government is responding to the challenges and to me, that is the most critical thing.

“Our democracy, in its 13th uninterrupted years, the longest self-governance experience that we have had, continues to strengthen itself, to throw up its own challenges and we have also developed the capacity to correct and improve where there are lapses.

“It is a learning curve for us; how to deal with new rights, how to deal with new duties and responsibilities and how to organise them around institutions so that they will be self-sustaining and long-enduring.”

Noting that the environment in Lagos has enormous returns for investments, Governor Fashola declared, “what we are doing here is to build legal frameworks to support the development of business; that is, the registration of business. We are reviewing our business processes so that our services with the private sector are more business-friendly, more responsive and more commercially oriented”.wp_posts