Enugu State Governor, Peter Mbah, has praised the economic policies of President Bola Ahmed Tinubu, emphasizing their favorable implications for Foreign Direct Investments (FDI). Following a closed-door meeting with President Tinubu at the Presidential Villa in Abuja on Tuesday evening, Governor Mbah commended the President for bold economic measures, including the removal of fuel subsidies, which, although initially challenging for citizens, are anticipated to benefit the nation’s economy in the long run.

Speaking on the unified foreign exchange rates policy, Governor Mbah noted its positive influence on Enugu State’s FDI initiatives, asserting that the state is now well-positioned to attract investments. He assured potential investors of the safety of Enugu State, highlighting successful efforts in addressing the issues of sit-at-home orders and security concerns in the Southeast region.

Governor Mbah also disclosed ongoing plans for the construction of a cargo terminal and the completion of the international wing of the Akanu Ibiam International Airport in Enugu through collaborations with the federal government. He emphasized Enugu State’s commitment to providing an investor-friendly environment, with enhanced logistics capabilities facilitated by the unified foreign exchange rates.

Regarding security improvements in the region, Governor Mbah declared that the sit-at-home phenomenon has been eradicated in Enugu State, with normalcy restored to economic and business activities. He extended an invitation to potential investors, affirming that Enugu State is open for business and ready to collaborate for mutual development.

Quest: Udomah Ejiroghene.

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