By Adedapo Adesanya
The outgoing World Bank Country Director for Nigeria, Mr Shubham Chaudhari, has commended the country for its proactive measures and robust efforts in bracing up monetary policies and fostering sustainable economic development despite challenges.
Mr Chaudhari, who spoke at an event hosted in his honour by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, in Abuja, said the World Bank’s doors were wide open for more collaboration and partnerships for the country’s growth.
Speaking at the event, Mr Edun commended Mr Chaudhari for his significant contributions to Nigeria’s economic growth.
A statement issued by the finance ministry stated that Mr Edun acknowledged the crucial role of the World Bank in promoting socio-economic sustainability and enhancing Nigeria’s economic competitiveness.
He expressed appreciation for the remarkable achievements recorded during Mr Chaudhari’s tenure and reaffirmed Nigeria’s commitment to building on these accomplishments in order to further drive economic progress in line with the administration’s agenda.
“We appreciate your tireless efforts towards the promotion of economic growth and development in Nigeria. Your leadership and expertise have made a significant impact on our country’s progress.
“Your dedication to supporting Nigeria’s development agenda is truly commendable. We are grateful for these contributions and look forward to continued collaboration.
“Your commitment to fostering inclusive and sustainable growth in Nigeria is inspiring. We appreciate your partnership and guidance in shaping our country’s future,” Edun said.
According to him, the hallmark of the present administration’s policy thrust which brought fiscal reforms was aimed at boosting the nation’s economic development with a view to attracting foreign investments so as to ensure job creation, poverty reduction and improved standard of living for the citizenry.
“We invite you to explore the possibilities and partner with us for mutual growth. Join us in harnessing the potential of Nigeria’s emerging economy.
“Our country offers a favourable business environment, investment incentives, and a dynamic market waiting to be tapped,” he said and invited the international community to discover the opportunities and advantages of investing in Nigeria.
“Our government is committed to creating a conducive environment for businesses to thrive and succeed.
“We are inviting the international development partners to come to Nigeria and invest their resources. Nigeria is a country with diverse business opportunities and market potentials for profit maximisation,” he stressed.
He stated that Nigeria would continue to be a development partner with the World Bank, adding that the present administration was committed to championing a good cause and implementing policies that would boost the country’s economy to make it more vibrant and resilient.
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