Tinubu courts global investors, promises economic stability

President Bola Tinubu is actively courting global investors, projecting an image of economic stability and reform in Nigeria. During a meeting in Paris, held on the sidelines of his three-nation trip, Tinubu engaged with top investment firms from Europe, the United States, and Africa. He emphasized his administration's dedication to policy stability, transparency, and fiscal discipline, seeking to bolster investor confidence in Nigeria's economic trajectory and reform agenda.

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The focus remains on policy stability and diligent execution to ensure these strategic shifts translate into concrete benefits for all Nigerians.

Tinubu articulated that the ongoing reform program is designed to address long-standing structural imbalances and steer the economy towards sustainable growth. He acknowledged that recent economic decisions, while bold and swiftly implemented, were necessary to eliminate distortions and stabilize key macroeconomic indicators that have historically hindered growth. The President assured investors that the focus remains on diligent execution to ensure these strategic shifts yield tangible benefits for all Nigerians.

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The recent economic decisions, though bold and implemented swiftly, were necessary to remove distortions and stabilise key macroeconomic indicators that had constrained growth over the years.

Supporting the President's message, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, highlighted encouraging economic signals. He noted Nigeria's 11.2% GDP growth in dollar terms in 2025, a figure that reinforces the nation's ambitious goal of achieving a $1 trillion economy by 2030. Oyedele stressed that while reforms are in progress, the government's immediate priority is ensuring these reforms translate into concrete benefits for the populace, with a commitment to publishing quarterly financial data to enhance transparency.

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Nigeria recorded 11.2 per cent GDP growth in dollar terms in 2025, adding that the performance reinforced the country’s ambition of building a $1tn economy by 2030.

Investors present, including representatives from major firms like Citibank and Amundi, commended the "transformative reforms" and expressed optimism about Nigeria's medium- to long-term economic prospects. However, they also sought clarity on policy continuity, particularly concerning the administration's agenda beyond 2027. The Punch's report captures Nigeria's concerted effort to attract foreign investment by showcasing its reform agenda and economic potential, positioning the country as an attractive destination for global capital.

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Our near-term priority is translating these reforms into tangible results for the people. We will also publish quarterly financial data to strengthen transparency.