Enugu State Governor, Peter Mbah, has stated that President Bola Tinubu’s economic policies have made the state conducive for foreign direct investments (FDI), News About Nigeria reports.
Mbah said this while addressing journalists after his meeting with Tinubu at the Presidential Villa in Abuja.
He affirmed that the unified foreign exchange rates policy of the government is already having a positive impact on Enugu’s FDI initiatives.
However, he acknowledged that some of the Federal Government’s economic policies, such as the removal of fuel subsidy, pose challenges for citizens but are deemed necessary measures to address the nation’s economic issues.
According to Mbah, these policies serve as therapeutic measures for the nation’s troubled economy, with the expectation of significant benefits for citizens in the long run.
Furthermore, he disclosed that the State government is actively working on the construction of the cargo terminal and the completion of the international wing of the Akanu Ibiam International Airport in Enugu through its collaboration with the Federal Government.
The state governor emphasized that his visit to the President was primarily to commend him for his commendable achievements at the national level, which, according to Mbah, are positively influencing the state through policies like the unification of the foreign exchange rate.
Highlighting the state’s achievements, Mbah mentioned the efforts made by the government to attract investors.
He attributed the success of collaborations with investors to the unification of foreign exchange rates, foreseeing positive outcomes for Enugu.
He also revealed ongoing collaboration between the state and the federal government to ensure that the promises made by the state government to the residents are realized.
