Ambode promises enabling environment for investors

Hamilton Nwosa
Writer
new-diplomat default image
new-diplomat default image

Ad

U.S. Oil Output Beats Weekly Estimates in June

U.S. crude oil production hit a new record in June at 13.58 million barrels per day, according to the Energy Information Administration’s latest Petroleum Supply Monthly. That’s 133,000 barrels more than May and 2.5 percent higher than a year ago. The new monthly figures also show a sharp disconnect from the EIA’s weekly estimates. For…

Zelenskyy fumes as ex-Ukrainian parliament speaker is shot dead

By Obinna Uballa Ukrainian President Volodymyr Zelenskyy has condemned the killing of former parliament speaker Andriy Parubiy as a “horrendous murder,” vowing that every resource will be deployed to track down the attacker. “All necessary forces and means are engaged in the investigation and search for the killer,” Zelenskyy said in a statement on social…

Rivers Crisis: Fubara will return as governor after September 18, Wike declares

• Hails LG election as peaceful By Obinna Uballa Minister of the Federal Capital Territory (FCT), Nyesom Wike, has assured that Rivers State Governor, Siminalayi Fubara, and the State House of Assembly will resume their constitutional duties once the emergency rule in the state expires on September 18. Wike, who spoke to journalists on Saturday…

Ad

Lagos-State-Governor-Mr.-Akinwunmi-Ambode-360x225Governor Akinwunmi Ambode of Lagos State on Thursday pledged his commitment to creating an enabling environment for investors as a way of creating jobs for youths in the State.

Ambode made the pledge in Ikeja while receiving a delegation of Walmart Incorporated, a leading global brand in retail supermarket.

He said the state was ready to give necessary support to assist investors in establishing presence in the state.

According to him, the presence of the brand in Lagos will go a long way, not only to create jobs for teeming youths, but also boost the economy of the state.

He said the success story of the brand, which currently operates in 28 countries with over 2.2 million employees, would be beneficial to the growth of the state.

The governor said it would also help in actualising his vision to make life comfortable for residents.

”That summarises the reason Walmart has to berth in Lagos. We are committed to expanding the business scope for Walmart and like I said, I am interested in having your brand signature in Lagos.

”You have been pro-people and that is why we find a congress between the objectives of Walmart and Lagos State Government.

”We have a population of over 21 million people and four million of that population is in the middle class. We have a bulging youth that is craving for employment.

”And whatever it is that we do, we want to make sure that we attract as much investment in Lagos that can help us to take our youths off the streets and give them employment.”

President and Chief Executive Officer of Walmart Europe, Middle East, Africa and Canada, Mrs. Shelley Broader, acknowledged the investment opportunities that abound in the state.

Broader said the Group was ready to expand its business horizon and create jobs for the people.

Ad

X whatsapp