President BUHARI said his administration has embarked on significant economic reforms to realise the goal.
The President gave the assurance to a large gathering of political and business leaders from the United States, Africa and other regions of the world at the Second United States-Africa Business Forum in the New York.
He said the Presidential Enabling Business Environment Council headed by Vice-President YEMI OSINBAJO would soon come out with wide-ranging business reforms.
Some of the fiscal incentives President BUHARI enumerated include up to five years tax holiday for activities classified as “pioneer”; tax-free operations; no restrictions on expatriate quotas in Free Trade Zones; and low Value Added Tax regime of five per cent.
He said his administration intends to make Nigeria one of the most attractive places to do business, adding that Nigeria has remained the number one investment destination in Africa.
President BUHARI told the gathering that his administration would continue to strengthen government institutions in order to address the concerns of investors and ease investments in the Nigerian economy.
He also announced the commencement of the U.S-Nigeria Commercial and Investment Dialogue with emphasis on infrastructure, agriculture, digital economy, investment and regulatory reform.
The forum is to be jointly led by Nigeria’s Minister of Industry, Trade and Investment and his U.S. counterpart.
