Atiku Abubakar, the former vice president, has criticized the nation’s growing insecurity.
According to Atiku, Nigeria cannot progress unless there is universal peace and security.
Speaking at the Taraba State Investment Forum in Jalingo on Wednesday, the former PDP presidential candidate made this claim, according to Naija News.
He pointed out that no investor places their money in a nation with weak security.
“In host communities, stability, security, and peace are important factors that influence investment flows.
He claimed that investment money is a coward and steers clear of areas that are vulnerable to instability and conflict.
Atiku called for increased commitment to peace and security in Taraba and across the nation.
“It is crucial to remain committed to maintaining peace within the state. Increased civic engagement to promote understanding and tolerance will contribute to social harmony and reduce conflict,” he stated.
The former Vice President urged political leaders to create efficient system that would boost investors confidence and enhance ease of doing business.
“Efficient Institutions will make all the difference. MDAs must develop the technical capacity to perform their functions efficiently. Excessive rigidity and burdensome administrative requirements delay decision-making and deter investors.
“The Investment Promotion Agency should operate a one-stop shop to simplify complex administrative processes, reducing barriers to investment. By streamlining these steps, the one-stop shop will lower corruption risks and transaction costs for investors,” he noted.
Atiku further urged Governor Agbu Kefas‘ government to invest in infrastructure development to boost investors’ interest.
“Improved supply and quality of infrastructure as it is the backbone of sustainable development. Inadequate infrastructure has been identified as the most problematic factor for doing business in Nigeria.”The development of quality, reliable, sustainable, and resilient infrastructure, including water facilities, roads, power, etc., will not only create an enabling environment for industries BUT also make Taraba more conducive for habitation,” he continued. “Prioritization and implementation of critical and strategic infrastructure projects will improve the business environment, reduce transportation costs, increase access to markets, and connect communities.”
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