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Thursday 23 October 2014

Sambo assures investors of security

SAMBO
The Federal Government on Thursday in Abuja expressed its commitment and sincerity in tackling the Boko Haram insurgency in the country, saying despite the security challenges, Nigeria was still safe and secure for investments.

Vice President Namadi Sambo, represented by the Permanent Secretary in the Office of the Head of Civil Service of the Federation, Mr. Tope Ajakaye, expressed the optimism at the 2014 annual Directors conference and exhibition organised by the Institute of Directors with the theme: ‘Imperatives of Good Governance in Promoting Investment Opportunities’.
He appealed to Nigerian businessmen and women to uphold the principles of corporate governance and best practices adding that time has come for all to project Nigeria in good light among the comity of nations.
According to him, it is only through such measures that the world would be told that “it is safe to do business in Nigeria and with Nigerians.”
He said, “As a nation, we are aware of the various challenges confronting us which have also been orchestrated by that of insecurity. All these are being tackled strategically and we are certain that in no distant future, we will rejoice that they are things of the past. The sincerity of this administration is not in doubt. we have displayed maturity in the face of provocation. We intend to remain focused and will not be distracted.”
While commending the IoD for its active participation in the code of corporate governance for Nigeria, Sambo said this will not only project the country in a brighter light as being compliant to best practices but “will also afford investors, both local and foreign, the desired confidence to do business in Nigeria.”
The concept of good governance, he stated, centers on responsibility of government at all levels, to meet the needs of the citizens.
He also stressed the need for the private sector to partner with government to achieve the goals adding that government’s efforts at achieving these goals have been founded on accountability, transparency, rule of law, responsiveness, equitability and inclusiveness.

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