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Tinubu meets Citibank, Amundi, others in Paris over investment prospects

President Bola Tinubu has engaged global investors in Paris, France, where he reiterated his administration’s commitment to transparency, fiscal discipline, and sustained economic reforms aimed at stabilising Nigeria’s economy.

At the meeting, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said Nigeria recorded an 11.2 per cent GDP growth in dollar terms in 2025, describing it as a significant milestone that strengthens the country’s ambition to achieve a $1 trillion economy by 2030. He added that the government’s immediate priority is to translate ongoing reforms into tangible benefits for citizens, including the publication of quarterly financial data.

Also addressing investors, the Director-General of the Debt Management Office, Patience Oniha, assured stakeholders of the government’s prudent approach to borrowing, emphasising a focus on sustainable debt management.

The investors in attendance included representatives from major global financial institutions such as Citibank and Amundi, led by Valerie Baudson. Others were BlueCrest, Ninety One, Kirkoswald Capital, Principal Finisterre, Prudential Global Investment Management (PGIM), and Mesarete Capital.

President Tinubu, who departed Nigeria on Sunday for a three-nation tour, said his administration’s reform programme is designed to eliminate economic distortions, stabilise macroeconomic indicators, and lay the groundwork for inclusive growth.

He further pledged to deepen reforms, enhance transparency across the oil value chain, and implement a comprehensive security strategy, including police decentralisation and efforts to curb terrorist financing.

“The focus remains on policy stability and diligent execution to ensure these strategic shifts translate into concrete benefits for all Nigerians,” the president said.

Some investors at the meeting commended the government’s reform efforts and expressed optimism about Nigeria’s economic outlook. In response to a question on his post-2027 agenda, Tinubu assured stakeholders of continued fiscal discipline, transparency, and policy consistency.

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