Wike, Elumelu seek greater investments to tackle poverty

.As FCTA hosts 2nd Abuja Business & Investment Expo

By Omeiza Ajayi

ABUJA: The Minister of the Federal Capital Territory FCT, Nyesom Wike, has called connected section and planetary investors to instrumentality vantage of the abundant opportunities successful the nation’s superior to thrust sustainable maturation and development.

Wike made the entreaty connected Tuesday astatine the opening of the 2nd Abuja Business and Investment Expo (ABIEXPO 2025) held astatine the Bola Ahmed Tinubu International Conference Centre, Abuja. The lawsuit was organized by the Federal Capital Territory Administration FCTA done its concern arm, the Abuja Investments Company Limited AICL.

Represented by the Minister of State for the FCT, Dr Mariya Mahmoud, Wike reaffirmed the Administration’s committedness to making Abuja not conscionable the governmental superior of Nigeria but a exemplary of sustainable economical maturation connected the continent.

“As Abuja symbolizes Nigeria’s aspirations, our mission, supported by Mr. President, is to marque it a safe, investment-friendly metropolis that empowers each citizens,” helium said.

The Minister noted that the summit’s theme, “Empowering Sustainable Growth: Unlocking Potentials successful Emerging Markets,” reflects the Renewed Hope Agenda of President Bola Tinubu, which focuses connected inclusive development, infrastructure expansion, and occupation creation.

He said the Administration is prioritizing infrastructural improvement to nexus outer towns, country councils, and agrarian communities to the metropolis centre, adding that specified projects are indispensable for industrialization and economical diversification.

Wike commended the AICL for organizing what helium described arsenic a “strategic and forward-looking platform” that brings unneurotic investors, innovators, and improvement partners to research opportunities for shared prosperity.

“The FCT Administration remains steadfast successful gathering a sustainable, flourishing superior metropolis and enhancing Nigeria’s presumption connected the continental and planetary stage,” helium added.

Delivering the keynote address, Mr Tony Elumelu, Chairman of Heirs Holdings, urged African investors to prioritize section investments, stressing that the continent’s economical aboriginal indispensable beryllium shaped by Africans themselves.

“Make your money, but delight bring it location and put locally,” Elumelu said. “It volition beryllium a disservice to marque truthful overmuch and past support the wealth successful economies that are already developed.”

He emphasized that Africa’s economical translation “will not beryllium written successful boardrooms successful Washington oregon London but close present successful Africa, successful Nigeria, successful Abuja – and it volition beryllium written by Africans.”

Elumelu besides underscored the value of collaboration betwixt authorities and the backstage assemblage to tackle poverty, saying, “Poverty anyplace is simply a menace to each of america everywhere.”

He revealed that the Tony Elumelu Foundation has supported 24,000 young Africans with grooming and a non-refundable $5,000 effect grant, including 641 beneficiaries from the FCT.

In her remarks, the Group Managing Director/CEO of AICL, Ambassador Maureen Tamuno, said the Expo aligns with the imaginativeness of the Renewed Hope Agenda, which seeks to boost capitalist confidence, stabilize the micro-economy and beforehand sustainable development.

She disclosed that this year’s variation attracted investors, entrepreneurs and policymakers from wrong and extracurricular Nigeria, including delegates from South Africa, the United Kingdom, Canada and Botswana.

“ABIEXPO 2025 marks the adjacent section of Abuja’s translation into a resilient, globally competitory city,” Tamuno stated.

She added that the lawsuit features a dedicated Youth Day and Women’s Day to beforehand inclusion and link innovators with investors.

The station Wike, Elumelu question greater investments to tackle poverty appeared archetypal connected Vanguard News.