Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale disclosed this in a statement.
By Ademu Usman Idakwo
President Bola Tinubu has pledged to facilitate a transparent and reliable process for repatriating funds, along with establishing a favorable tax regime to attract foreign investors to the country.
According to a statement from Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, the president affirmed this commitment during the reception of Letters of Credence from the Ambassadors of Hungary, Lorand Endreffy, Rwanda’s High Commissioner, Christophe Bazivamo, and Ukraine’s Ambassador, Ivan Kholostenko, in Abuja yesterday.
Tinubu implored the ambassadors to prioritise the exploration of new frontiers of trade relations that will be mutually beneficial as they are carrying out their duties in the country.
The President further disclosed that the long-standing concerns over trapped funds are receiving attention and that the funds will be processed expeditiously for release.
“We are one family on the continent. We will continue to promote democracy and good governance. I will maintain an open-door policy, and the Minister of Foreign Affairs and the Chief of Staff are also available.
“For the avoidance of doubt, we are already working on the issues of double taxation, and it will be properly streamlined to favour business growth. Nigeria is home and a haven for investors,” the President affirmed.
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While responding, the Rwandan High Commissioner said the government of Rwanda was prepared to enhance bilateral relations with Nigeria, with new visa policies and trade agreements.
At the ceremony, President Tinubu asked the Ambassador of Hungary to explore all opportunities for building partnerships, especially in the areas of agriculture and food security, and how to leverage the experience of the country in technology.
“Thank you so much for taking care of our students who are in your country. We are a very big country, with huge potential to sustainably spur economic growth. We are ready to improve relations, especially in the areas of agriculture and food security,” the President said.
The Hungarian Ambassador commended the President for his bold, courageous, and strategic decisions to reposition the Nigerian economy, listing some areas of collaboration to include education, agriculture, food security, security, and medical technology.
“My Prime Minister always says that our relations are based on mutual respect,’’ the ambassador stated.
President Tinubu also told the Ukrainian Ambassador that Nigeria will always work for global peace and harmony.
“We are with you in prayers. We will continue to support good governance and democracy,’’ the President stated.
