ACCORDING TO BUHARI, ADVANTAGES OF DOING BUSINESS IN NIGERIA OUTWEIGH DISADVANTAGES.

The Federal Government has reassured potential investors and members of the international community that conducting business in Nigeria is more advantageous than difficult.
Yesterday in Abuja, during the 42nd Technical Conference of the Commonwealth Association of Tax Administrators, President Muhammadu Buhari provided the assurance (CATA).

Nigeria, according to Buhari, who was represented by SGF Mr. Boss Mustapha, is a secure and friendly place to conduct business with the potential for investment opportunities.

Buhari emphasized that his administration had taken deliberate, strategic actions to foster a business-friendly climate and promote foreign direct investment.

The President said specifically that “the implementation of our ease of doing business initiatives checks all indicators of doing business in Nigeria with a view to eliminate scams that are potentially used in the way of economic progress”

Buhari invited international investors to come to Nigeria and establish business there, saying, “I’m sure those who have already familiarized themselves with the highlighted issues will attest that the benefits outweigh the obstacles.”

President Buhari added, in reference to tax issues specifically, “it is no longer news that rapid advances in science and technology have led to the creation of communication channels that have reduced unique barriers in trade to the bare minimum.”

According to him, “companies’ transition to digitization has improved consumer purchasing power and insured that distant access to goods and services has expanded.”