PRESIDENT Bola Tinubu, in France, said Nigeria was ready to do business and receive investments from foreign partners; hence the ongoing reforms, including the removal of fuel subsidy and streamlining of exchange rate, which he said were to make for a more competitive economy that attracts Foreign Direct Investment (FDI).
He, therefore, urged investors to take advantage of the ensuing opportunities, noting: “We are ready for business, prepared to welcome investments.”
Tinubu stated this while receiving President and Chairman of the Board of Directors of African Export-Import Bank, Prof. Benedict Oramah, and President of European Bank for Reconstruction and Development, Odile Renaud-Basso, in separate meetings on the sidelines of the Summit for New Global Financing Pact in Paris, France.
According to his Special Adviser on Special Duties, Communication and Strategy, Dele Alake, the President assured the delegation of AfreximBank Executives delegation, led by Oramah, that the Federal Government would continue to stimulate the economy with policies that support investments in areas of Nigeria’s competitive advantage, particularly agriculture.
He stated that the current reforms were needed for Nigeria’s national survival, adding that it would take boldness and courage to reposition the economy; hence has call for more collaboration to solidify the economy.
