President Bola Ahmed Tinubu has said he his administration inherited serious liabilities from his predecessors, lamenting that Nigeria has serious deficits in port and power infrastructure, as well as agro-allied facilities.
The President, who said he would not make any excuses, however noted his government also inherited assets. He stated this on Monday night, in Mecca, Saudi Arabia,
“We inherited serious liabilities, but also assets from our predecessors. We do not make any excuses. There are several sectors replete with investment opportunity for smart investors. Access to finance and guarantees can be a hindrance in some cases. You can come in there. We see you as a critical enabler. You have partnered with us before. We want to scale it up now and do much more with greater ambition and clearer vision,” the President stated.
