BusinessNews

PRESIDENT TINUBU MEETS WITH ECONOMIC INVESTORS IN FRANCE

President Bola Ahmed 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.
 
At the meeting, the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, highlighted Nigeria’s strong GDP growth in dollar terms in 2025.
 
He 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.
 
Oyedele emphasised the government’s near-term priorities of translating reforms into results for the Nigerian people. He also pledged to publish quarterly financial data.
 
The Director General of the Debt Management Office, Mrs 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.
 
President Tinubu, who left Nigeria on Sunday for a three-nation trip, said the economic reform program 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.
 
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. He promised to strengthen fiscal discipline and transparency, and to deliver policy consistency.

Ajibade Adegbayibi

I'm Adegbayibi Ajibade I am an award-winning professional journalist who engages in the gathering, investigation, analysis, and dissemination of news and information to the public.  Unveiling Truths through Pen and Lens, One Story at a Time. As an impassioned journalist with an unwavering commitment to capturing the essence of human stories, I believe in the power of words and images to shape perspectives and drive change.  Over the years, I have published over 75 articles in the print media while a number of uncountable news items have been aired on the electronic media in Nigeria. My journey in journalism has been fueled by a relentless pursuit of truth and a dedication to shedding light on the untold narratives that resonate with the hearts of the Nigerian people. Together, we can turn the ordinary into the extraordinary and shape a world where every story matters. Let’s unveil the truth, one story at a time. My Skills Reporting I report on current events, developments, and news stories happening locally, nationally, and internationally to create accurate and informative news reports. Interviews I conduct interviews with various individuals, including experts, public figures, and ordinary citizens, which is needed to gather firsthand accounts and opinions on a wide range of topics. Media Analysis I specialize in analyzing media trends, biases, and the impact of news coverage on society. Work Experience Chief Correspondent (Ondo State Now) I led the team of correspondents and reporters for the organization, ensuring efficient and high-quality news coverage across various beats and locations. Former head Of Information And Publicity (N.O.A) I managed the agency’s communication strategies, public relations, and information dissemination efforts. This role is crucial in promoting the agency’s objectives, programs, and policies to the public, stakeholders, and the media. Former senior Correspondent (THE OBSERVER) I provided in-depth and expert reporting on specific beats or topics. This plays a crucial role in delivering comprehensive and insightful news coverage to our audience. I played a significant role in the newsroom’s operations by working with the News Editor in overseeing news content production and dissemination. Special Correspondent (Tourism Magazine) I made reports on specialized areas, often involving in-depth reporting and expert analysis. This role goes beyond general news coverage and required me to bring unique insights and expertise to my reporting duties. Copyright © 2023 Adegbayibi Ajibade

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button