President Bola Tinubu met with international investors in Paris on Tuesday, outlining Nigeria’s economic reform strategy and stressing transparency and fiscal discipline as core pillars.
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The closed-door session, disclosed by presidential spokesman Bayo Onanuga, brought together representatives from Citibank, France’s Amundi, BlueCrest, Ninety One, Kirkoswald Capital, Principal Finisterre, PGIM, and Mesarete Capital.
Finance Minister Taiwo Oyedele told attendees that Nigeria’s GDP grew 11.2% in dollar terms last year, a milestone he said strengthens the country’s target of reaching a $1 trillion economy by 2030.
He also committed to releasing quarterly financial data and said the government’s immediate focus is ensuring reforms deliver tangible benefits to citizens.
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Debt Management Office DG Patience Oniha reassured investors that Nigeria is adopting a “responsible approach to debt financing” with an emphasis on sustainability.
Tinubu, who departed Abuja on Sunday for a three-nation tour, said the reforms are designed to eliminate economic distortions and stabilize key macroeconomic indicators.
“Our priority is policy consistency and disciplined execution so these changes produce real impact for Nigerians,” he was quoted as saying.
The president added that the administration will deepen transparency in the oil sector and pursue a broader security plan, including police decentralization and cutting off terrorist funding.
Several investors at the meeting praised the reforms and expressed confidence in Nigeria’s economic direction. When asked about plans beyond 2027, Tinubu said his government will maintain fiscal discipline and policy consistency.
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