HomeEconomyBusiness & FinanceTINUBU TAKES INVESTMENT DRIVE TO PARIS, ENGAGES GLOBAL CAPITAL PLAYERS

TINUBU TAKES INVESTMENT DRIVE TO PARIS, ENGAGES GLOBAL CAPITAL PLAYERS

President Bola Tinubu has held talks with global investors in Paris, France, where he reaffirmed his administration’s commitment to transparency, fiscal discipline, and ongoing economic reforms aimed at stabilising Nigeria’s economy and attracting long-term investment.

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During the meeting, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, highlighted Nigeria’s economic performance, noting that the country recorded 11.2 per cent GDP growth in dollar terms in 2025. He said this achievement supports Nigeria’s long-term ambition of building a $1 trillion economy by 2030.

Oyedele added that the government’s immediate focus is to ensure that ongoing reforms deliver tangible benefits to citizens, including improved economic conditions and stronger financial accountability. He also pledged that the government would begin publishing quarterly financial reports to enhance transparency.

The Director-General of the Debt Management Office, Patience Oniha, also reassured investors that Nigeria is pursuing a responsible debt strategy focused on sustainability and prudent borrowing practices.

The meeting brought together representatives from major global investment firms, including Citibank, France’s Amundi, BlueCrest, Ninety One, Kirkoswald Capital, Principal Finisterre, Prudential Global Investment Management, and Mesarete Capital.

President Tinubu, who is currently on a three-nation visit, said his administration’s economic reforms are designed to correct long-standing distortions, stabilise macroeconomic indicators, and create a foundation for inclusive growth.

He stressed that the government remains committed to strengthening transparency in the oil sector, improving security through police reforms and counter-terrorism financing measures, and ensuring policy consistency to support economic development.

Tinubu added that the goal of his administration is to ensure that reforms translate into real and measurable benefits for Nigerians.

Some of the investors at the meeting commended Nigeria’s reform efforts and expressed confidence in the country’s economic outlook, while also engaging the President on long-term policy direction beyond 2027.

President Tinubu reaffirmed that his administration will continue to prioritise fiscal discipline, transparency, and stability to sustain investor confidence and economic growth.

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