President Bola Tinubu has assured foreign investors of diligent and predictable funds repatriation and the streamlining of the tax system.
He also urged new foreign ambassadors to prioritise the exploration of new frontiers of trade relations that would be mutually beneficial as they carry out their duties in the country.
The President said this on Friday when he received Letters of Credence from the Ambassador of Hungary, Lorand Endreffy; High Commissioner of Rwanda, Christophe Bazivamo and the Ambassador of Ukraine, Ivan Kholostenko, in the Presidential Villa, Abuja.
While receiving the High Commissioner of Rwanda, the President said the long-standing concerns over trapped funds were receiving attention and that the funds would be processed expeditiously for release.
“We are one family on the continent; we will continue to promote democracy and good governance.
“I will maintain an open-door policy and the Minister of Foreign Affairs and the Chief of Staff are also available.
“For the avoidance of doubt, we are already working on the issues of double taxation and it will be properly streamlined to favour business growth.
“Nigeria is home and a haven for investors,” President Tinubu said.
Responding, the Rwandan High Commissioner, Bazivamo said the government of Rwanda was prepared to enhance bilateral relations with Nigeria in new visa policies and trade agreements.
At the ceremony, President Tinubu asked the Ambassador of Hungary to explore all opportunities of building partnerships, especially in the areas of agriculture and food security and how to leverage the experience of the country in technology.
“Thank you so much for taking care of our students who are in your country.
“We are a very big country with huge potential to sustainably spur economic growth.
“We are ready to improve relations, especially in the areas of agriculture and food security,” the President said.
The Hungarian Ambassador commended President Tinubu for his bold, courageous, and strategic decisions to reposition the Nigerian economy.
He listed some areas of interest in collaboration to include education, agriculture, food security, security and medical technology.
“My Prime Minister always says that our relations are based on mutual respect,” Endreffy said.
The Nigerian leader told the Ukrainian Ambassador, Kholostenko, that Nigeria would always work for global peace and harmony.
“We are with you in prayers; we will continue to support good governance and democracy,” President Tinubu said.