Nigerian President Bola Tinubu has voiced confidence that his administration is on the right track despite the country’s issues, saying Nigeria has no reason to disappoint the rest of Africa.
On Tuesday, while receiving Bank of America officials in his office at the State House, President Tinubu stated that his administration was committed to implementing reforms that would result in the country’s long-term prosperity and development.
“So far, we believe we are on the right track.” “We believe we need all the help we can get,” the President stated, as he asked the bank’s management for assistance and collaboration that would benefit both Nigeria and the financial institution.
Tinubu stated that the country’s governance and development difficulties cannot be addressed without fiscal and institutional reforms.
“Climate change, finance, and innovation are all intertwined in the twenty-first century.” Having a solid foundation and believing in innovation will aid in reforming and addressing difficulties.
“This is Africa’s largest economy and democracy, and if we can’t do it, no one will,” he remarked.
However, acknowledging that no one can do it alone, President Tinubu presented a case for the bank and other willing financial institutions to assist the country, such as by collaborating to ensure Nigerian gas competes favorably in the global market as a viable source of alternative revenue.
Mr Bernard Mensah, the delegation’s leader and President of International for Bank of America, expressed delight about the new administration’s opening initiatives, which he said are returning Nigeria to its due place on the global arena.
He stated that the bank was eager to help the country address its immediate and long-term difficulties, not only through money but also by giving ideas.
Mr Mensah was accompanied on the tour by the bank’s Head of Sub-Saharan Africa, Mrs Yvonne Ike Fasinro, and the Head of Investment Banking Sub-Saharan Africa, Mr Chuba Ezenwa.
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