by Sesan Olufowobi


Lagos State Governor, Babatunde Fashola, has said Nigeria is safe for business.

He pointed out that contrary reports in the foreign media were wrong.
Fashola spoke at the Lagos House, Marina, during the visit of an  Austrian business delegation led by the country’s Vice-Chancellor and Foreign Minister, Mr. Michael Spindelegger.

He argued that although Nigeria had challenges like other countries of the world, the government had continued to respond to the challenges on a daily basis.

The governor said, “In terms of security, let me assure you that Nigeria is safe. We have challenges, of course, like any other country of the world but the government is responding to the challenges and to me that is the most critical thing; that government, on a daily basis, continues to respond to challenges.”

He explained that the country had continued to strengthen itself and develop the capacity to correct and improve where there are lapses since 1999 when it returned to democracy.

According to him, the democratic journey is a learning curve on how to deal with new rights, new duties and responsibilities and how to organise them around institutions so that they will be self-sustaining and long-enduring.

The governor said the state would give good returns for capital, adding that his administration had been building frameworks to support the development of business.

“We are computerising in Lagos; we are reviewing our business processes so that our services with the private sector are more business-friendly, more responsive and more commercially oriented,” Fashola said.

Earlier, Spindelegger said the business delegation was in Lagos to explore areas of mutual business collaboration. He added that the Austrian investors were interested in building partnerships with their Nigerian counterparts.

He said, “It took Austria 50 years to come to Nigeria, and having come, the country has been impressed with the development in the country. You are now a stable democracy; you have a lot of economic growth, a lot of young people and that is an economic advantage.”


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