President Bola Ahmed Tinubu don assure local and international investors say Nigeria remain open for business, and e talk say im administration dey work to make di country business environment more predictable, competitive and supportive of investment.

Tinubu also welcome di Coca-Cola System proposed $1 billion investment for Nigeria over five years, and e describe di commitment as vote of confidence for di country economy and im long-term prospects.

Di President talk on Monday for Abuja at di 75th anniversary flagship event of di Nigerian Bottling Company Limited (NBC), wey happen for di Bola Ahmed Tinubu International Conference Centre.

Di Secretary to di Government of di Federation (SGF), Senator George Akume, represent am.

For one statement wey di Special Adviser to di SGF on Media and Publicity, Yomi Odunuga, release, Tinubu talk say di Federal Government recognize di practical challenges wey businesses dey face and e dey address dem through reforms wey dem dey implement under di Renewed Hope Agenda.

"Our message to investors, both Nigerian and international, clear: Nigeria open for business, and we dey work to make di business environment more predictable, more competitive and more supportive of investment", e talk.

Di President identify reliable power and infrastructure, clear and consistent regulations, efficient ports and logistics, access to foreign exchange and tax system wey dey encourage productive enterprise as critical requirements for attracting and keeping investments.

According to am, di availability of these conditions dey directly influence decisions by investors on whether to expand factories, establish new production lines and create additional jobs.

Tinubu explain say im administration start difficult economic reforms to build more productive and competitive economy, reduce dependence on imports, expand domestic manufacturing and create greater opportunities for Nigerians.

"We dey make difficult changes because we want more productive and competitive Nigerian economy. We no want to remain too dependent on imported goods while our own productive capacity remain underdeveloped.

We want to produce more, manufacture more, add more value locally and create more opportunities for Nigerians", e talk.

Di President note say di Coca-Cola System announce for 2024 a potential $1 billion investment for Nigeria over five years afta e don invest $1.5 billion for di country during di previous decade.

E talk say di administration interested not only for di amount of capital wey dey flow into Nigeria but also for im impact on employment, skills development, local sourcing, technology transfer and domestic productive capacity.