By Eunice Orike
Minister of the Federal Capital Territory, FCT, Nyesom Wike has disclosed that the Federal Capital Territory Administration was committed to creating an enabling environment for investments across various sectors, ranging from real estate, technology, agriculture, healthcare, tourism, construction, mining to renewable energy.
The FCT Minister said this, on Wednesday, at the Shehu Musa Yar’ adua Centre, Abuja, during the ongoing Abuja Business and Investment Summit 2024 with the theme, “Optimising Investments through Partnership”.
He said the FCT Administration had undertaken significant measures to create an enabling environment for local and foreign investors.
He stated that the Summit was designed to showcase to stakeholders and potential investors in Nigeria and the world at large investment opportunities that abound in the city, adding that it was equally a platform to initiate collaborations to enhance economic growth, cultural exchanges and sustainable development.
The Minister commended the Group Managing Director of Abuja Investment Company Limited and her team for the initiative in organising the summit, which according to him, exemplifies the administration’s commitment to fostering an investment-friendly environment in the nation’s capital.
He maintained that the focus of the company on optimising investments through partnership resonates deeply with the vision of the Federal Capital Territory as a thriving hub for business and innovation.
Furthermore, he announced that by next week construction of nine major projects will be flagged-off, which would undoubtedly enhance investment opportunities across the territory.
He noted that Abuja was not just the political capital of Nigeria, but a place of opportunities waiting to be harnessed.
According to him, “As we navigate the complexities of today’s economic landscape, it is essential to recognize that the power of collaboration can significantly enhance our investment strategies.
“By forging strong partnerships, we not only pool resources, but also leverage diverse expertise and insights that drive innovation and efficiency”, he said.
The Minister emphasised that infrastructure was the backbone of any successful investment, adding that it was imperative to prioritise the development of roads, transportation networks, and utilities to ensure seamless connectivity within the territory.
“From bustling urban areas to our beautiful rural communities, we are committed to improving infrastructure to enhance accessibility and attract investment”, he said.