Tinubu pledges pro-business policies, seeks stronger telecom investments
By Kunle Sanni
President Bola Tinubu has reaffirmed his commitment to fostering a pro-business environment in Nigeria, emphasizing the need for policies that attract and protect investors in the telecom sector.
Speaking at a meeting with an Airtel delegation led by Chairman Sunil Bharti Mittal at the State House in Abuja on Thursday, Tinubu assured that Nigeria’s telecom regulatory framework would be reviewed to align with global best practices.
“I am grateful for your openness, readiness, and confidence,” Tinubu told Mittal.
“We are prepared to learn and adopt successful models from other countries, including India, to enhance Nigeria’s business environment. I am pro-business and will continue to be.”
The President also highlighted ongoing tax reforms aimed at creating a more favorable investment climate. “We will work with tax administrators to ensure our policies encourage growth and opportunities,” he said.
Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, praised Tinubu’s commitment to the telecom sector, noting that the government had already begun implementing measures to protect critical telecom infrastructure, including fiber optics and undersea cables.
Airtel Chairman Sunil Bharti Mittal commended Tinubu for taking bold economic steps, comparing Nigeria’s current situation to India’s economic transformation in 1991. He lauded reforms such as the floating of the naira and the removal of fuel subsidies, describing them as necessary for long-term economic stability.
“I feel that what you have done here is unprecedented in a challenging time,” Mittal said. “Only people of resolve and steel can endure such immense pressure. These decisions will mark a turning point in Nigeria’s development.”
Mittal also encouraged more Nigerian business leaders to invest locally, expressing confidence that the economy would soon experience renewed growth.
As Nigeria navigates economic challenges, Tinubu’s administration remains focused on implementing investor-friendly policies to drive sustainable development in key sectors.
