Chairman of Zinox Group Leo Stan Ekeh has said President Bola Tinubu’s reforms have strengthened investor confidence and improved Nigeria’s investment outlook.
Mr Ekeh made the comments on Thursday while speaking at a forum with select mentees of young entrepreneurs in Lagos.
He said Tinubu showed courage by starting reforms immediately after assuming office, adding that delaying the decisions could have worsened the economy and reduced investor confidence.
Ekeh said endorsements by the World Bank and comments by the Director General of the World Trade Organisation Ngozi Okonjo-Iweala showed that the reforms are credible.
He also said multinational companies in Africa’s information and communication technology sector are increasing their investments in Nigeria and working more closely with indigenous firms.
According to him, this has contributed to the growing role of ICT in Nigeria’s Gross Domestic Product.
“Sentiments aside, President Tinubu is a well-exposed visionary leader. He is investment-friendly, he is courageous and he is a good team player.
“This has impacted the brave decisions he has taken and I am happy that global bodies such as the World Bank and the WTO are talking about it.
“I have known the President for many years and he has remained consistent to his commitment to national development. I speak here as an entrepreneur, not a politician.
“I don’t play politics. I am not a politician and I will not be one. I play in the digital space which is the enabler of development and I am happy doing what I’m doing,” he said.
Leo Stan Ekeh recalled that Tinubu, during his time as governor of Lagos State, supported the launch of the Zinox range of digital products in 2001.
He said the president had long shown interest in building a digitally driven economy.
Ekeh also spoke about his decision to return to Nigeria from the United Kingdom after quitting his postgraduate programme, saying he believed in Nigeria’s potential and opportunities.
He said his goal was to promote what he described as digital democracy at a time the country was largely analogue.
