Tinubu Engages With Global Investors In France

‎President Bola Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline and explaining the rationale for the swift implementation of bold reforms.


‎Tinubu, who left Nigeria on Sunday for a three-nation trip, said the economic reform programme of his administration includes measures to remove economic distortions and stabilise macroeconomic indicators, laying the foundation for sustained inclusive growth.


‎He said his government is committed to deepening reforms, enhancing transparency across the oil value chain, and implementing a multi-pronged security strategy, including police decentralisation and disrupting terrorist financing.


‎“The focus remains on policy stability and diligent execution to ensure these strategic shifts translate into concrete benefits for all Nigerians,” President Tinubu said, according to a statement on Tuesday by presidential spokesman Bayo Onanuga.


‎Some of the investors who spoke at the meeting commended the government’s transformative reforms and expressed optimism about the Nigerian economy.


‎One of the investors asked President Tinubu about his post-2027 agenda. In response, he promised to strengthen fiscal discipline and transparency and to deliver policy consistency.


‎At the meeting, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, highlighted Nigeria’s strong GDP growth in dollar terms in 2025.


‎Oyedele said Nigeria recorded 11.2% GDP growth in dollar terms last year, a record that reinforced the country’s ambition to achieve a $1 trillion economy in 2030.


‎The minister emphasised the government’s near-term priorities of translating reforms into results for the Nigerian people. He also pledged to publish quarterly financial data.


‎On her part, the Director General of the Debt Management Office, Patience Oniha, assured investors of the government’s responsible approach to debt financing and its focus on sustainable debt management.


‎The investors were from Citibank and France’s Amundi, led by Valerie Baudson. There were also BlueCrest, the Britain- and South Africa-based Ninety One, Kirkoswald Capital, Principal Finisterre, US groups Prudential Global Investment Management (PGIM) and Mesarete Capital.

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