Former President Olusegun Obasanjo has said that in order for the Nigerian economy to grow, there was need by the government to create an enabling environment. This he said will attracts private investment. Obasanjo said that the government needed to partner with the private sector to attract both local and foreign investments. He added that since 1999, when Nigeria emerged as a democratic nation, there is need for sustenance and support from the private sector within and outside its economy.
He added that some investors were sceptical about the political and economic climate of Nigeria. The government then embarked on a reforms program and intensified calls for investment in Nigeria which brought in various investors. He noted  BATN as being among the first set of companies to take the offer seriously.  In 2001, BATN was the first tobacco company to sign a Memoradum of Understanding (MoU) with the Federal Government, which led to an investment of $150 million and the modernisation of its Zaria factory. The Senate Committee Chairman on Trade and Investment, Senator Sam Egwu, added to Obasanjo’s sentiments and said that industries within the county had to operate within the laws of the land as the National Assembly was ready to make laws that would attract investment in Nigeria.

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