(President Bola Ahmed Tinubu meeting with global investors in Paris. Photo by instagram)
In a meeting with international investors in Paris, France, President Bola Ahmed Tinubu emphasized fiscal restraint and openness while outlining the justification for the quick execution of audacious changes.
Mr. Taiwo Oyedele, the Minister of Finance and Coordinating Minister of the Economy, emphasized Nigeria’s robust GDP growth in 2025 in terms of dollars throughout the meeting.
According to him, Nigeria’s GDP grew by 11.2% in dollars last year, which strengthened the nation’s goal of having a $1 trillion economy by 2030.
Oyedele emphasized that turning reforms into outcomes for Nigerians is one of the government’s short-term priorities. He also promised to release financial statistics on a quarterly basis.
Investors were reassured by Mrs. Patience Oniha, Director General of the Debt Management Office, about the government’s commitment on sustainable debt management and its responsible approach to debt financing.
Amundi, a French company headed by Valerie Baudson, and Citibank were the investors. Additionally, there were BlueCrest, the US firms Prudential Global Investment Management (PGIM) and Mesarete Capital, Kirkoswald Capital, Principal Finisterre, and the South African and British firm Ninety One.
President Tinubu stated that his administration’s economic reform program includes steps to eliminate economic distortions and stabilize macroeconomic indicators, laying the groundwork for long-term inclusive growth, as he departed Nigeria on Sunday on a three-nation tour.
He declared that his government is dedicated to strengthening reforms, increasing openness throughout the oil value chain, and putting in place a multifaceted security plan that includes police ecentralisation 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” , Tinubu added.
Speaking at the gathering, a few investors voiced hope for the Nigerian economy and praised the government’s revolutionary reforms.
President Tinubu was questioned by an investor about his plans after 2027. He pledged to provide policy continuity and to improve fiscal restraint and openness.
