President Bola Tinubu, who was earlier scheduled to return to Abuja on Saturday from Paris, France, proceeded to London, United Kingdom, for a “short private visit.”
A statement by Dele Alake, Special Adviser to the President on Special Duties, Communications and Strategy says on Friday, said President Tinubu concluded his official trip to Paris, France, during which he had an outstanding participation in a summit for ‘A New Global Financing Pact’ hosted by French President Emmanuel Macron.
‘’Aside participating in the summit where he represented Nigeria well, President Tinubu also held high-profile sideline meetings with fellow heads of state and government, global business leaders and chief executives of leading multilateral and development finance institutions from around the world.
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The summit afforded the President the opportunity of projecting, on a global stage, his advocacy for widening the fiscal space, economic justice for Africa as the world accelerates the pace of energy transition, and the urgency of addressing the pressing issues of poverty and climate change.”
Alake said President Tinubu, who was initially scheduled to be back in Abuja on Saturday, will now proceed to London, United Kingdom, for a short private visit.
He added that the President will be back in the country in time for the upcoming Eid-el-Kabir festival.
AfDB Assures Tinubu of improving agriculture, power sectors
While in France, President Bola Tinubu was assured by the African Development Bank of the bank’s support his efforts and vision in improving the agriculture and power sectors in Nigeria.
The President of the AfDB, Akinwumi Adesina, stated this after a meeting with President Bola Tinubu on the sidelines of the New Global Financing Pact summit hosted by the French President, Emmanuel Macron, in Paris, France.
Adesina said it was a great opportunity for him to see Tinubu, personally commend him for the thoughts and ideas he has brought to the summit in Paris, and also discuss so many things.
“I discussed with His Excellency the President about a couple of things, first of all, agriculture, to see what we can do to support the government with regard to Mr. President’s vision in agriculture.
“We discussed special agroindustrial processing zones, for which we already have about $520 million for Nigeria, and how we are going to make sure that that project actually gets accelerated.
“The other one that we talked about is the power sector, how we will bring support to his effort, his vision, and that of his government with regard to access.
“The President wants to ensure that there is access to electricity in Nigeria, and therefore he talked to us about how we can support him, and I gave him the assurance that we will significantly support the power sector in Nigeria,” Adesina said.
The AfDB boss also commended the Nigerian leader for his boldness, vision, and determination with regard to macroeconomic stability and fiscal stability for Nigeria.
He noted that the removal of the fuel subsidy by Tinubu will help Nigeria significantly, adding that the forex unification will also free up access to forex and also make Nigeria’s currency much more competitive in terms of export competitiveness for the things that the country produces.
Adesina described the recent moves by Tinubu as the right signals being sent to investors and is liked by the international community, which will also attract a significant amount of investment into Nigeria.
