In a resolute stance, President Bola Tinubu affirms Nigeria’s commitment to success and emphasizes the country’s indispensable role in driving progress across the African continent. During a meeting with Bank of America officials at the State House in Abuja, Tinubu expressed confidence in his administration’s pathway to success despite the challenges that lie ahead.
In a statement issued by his Special Adviser on Special Duties, Communications, and Strategy, Mr. Dele Alake, President Tinubu emphasized the nation’s dedication to implementing reforms that would foster sustainable growth and development.
“We believe we are on the right track so far. We believe we need all the help we can get,” stated President Tinubu as he sought support and partnership from the bank’s management, aiming to advance mutual benefits for Nigeria and the financial institution.
The President underlined that addressing the governance and development challenges faced by the country necessitates fiscal and institutional reforms. He highlighted the interconnectedness of actions in the 21st century, such as climate change, finance, and innovation, and stressed the importance of a strong platform and belief in innovation to facilitate reforms and tackle these pressing issues.
Acknowledging Nigeria’s position as the largest economy and democracy in Africa, President Tinubu asserted, “If we cannot do it, nobody will do it for us.” He emphasized the need for collaboration and called on the bank and other willing financing institutions to assist Nigeria. One area of potential partnership mentioned was ensuring the competitive position of Nigerian gas in the global market, offering an alternative revenue source.
During the meeting, the leader of the Bank of America delegation, Mr. Bernard Mensah, expressed enthusiasm for the initial steps taken by the new administration, commending its efforts to restore Nigeria to its rightful place on the global stage. Mensah affirmed the bank’s willingness to assist Nigeria in addressing immediate and long-term challenges, not only through financing but also by contributing ideas.
Accompanying Mensah were Mrs. Yvonne Ike Fasinro, Head of Sub-Saharan Africa at the bank, and Mr. Chuba Ezenwa, Head of Investment Banking Sub-Saharan Africa.
As Nigeria strives for success and endeavors to overcome obstacles, the support and collaboration of global financial institutions like Bank of America are crucial. President Tinubu’s call for assistance and partnership signifies the country’s determination to make significant progress and secure a brighter future not only for Nigeria but for the entire African continent.
Key Highlights
- President Bola Tinubu asserts Nigeria’s determination to succeed and emphasizes the country’s significance in the African continent.
- Speaking during a meeting with Bank of America officials, Tinubu expresses confidence in his administration’s ability to overcome challenges and pursue reforms for sustainable growth.
- Tinubu calls for support and partnership from the bank to advance mutual benefits, address governance and development challenges, and leverage Nigeria’s position as Africa’s largest economy and democracy.
