President Bola Ahmed Tinubu expressed his confidence in the success of his administration despite the challenges faced by Nigeria, emphasizing that the country has a responsibility to lead the rest of the African continent. During a meeting with Bank of America officials at the State House, President Tinubu reiterated his government’s commitment to implementing reforms that would foster sustainable growth and development.
In a statement by Presidential spokesman Dele Alake, the President emphasized the need for fiscal and institutional reforms to address the governance and development challenges in the country. President Tinubu recognized the interconnection of actions related to climate change, finance, and innovation in the 21st century, stating that having a strong foundation and a belief in innovation would facilitate reforms and address these issues.
As the largest economy and democracy in Africa, President Tinubu acknowledged the responsibility of Nigeria to take the lead in overcoming challenges. He called upon the bank and other financial institutions to support the country, highlighting the potential of Nigerian gas as a viable source of alternative revenue and urging partnership to ensure its competitiveness in the global market.
The leader of the Bank of America delegation, Mr. Bernard Mensah, expressed excitement about the initial steps taken by the new administration, noting that Nigeria was reclaiming its rightful place on the global stage. He assured the President of the bank’s willingness to assist Nigeria in addressing both immediate and long-term challenges, offering financial support and contributing ideas. The delegation also included Mrs. Yvonne Ike Fasinro, Head of Sub-Saharan Africa, and Mr. Chuba Ezenwa, Head of Investment Banking Sub-Saharan Africa.
