President Bola Ahmed Tinubu has said that Nigeria needs all the help it can get right now.
The President said this on Tuesday when he received visiting officials from Bank of America at his office in State House, Abuja.
He expressed confidence that his administration was on the road to success despite the challenges facing the country.
President Tinubu, in a statement by his spokesman, Mr. Dele Alake, said his government was determined to introduce reforms that would bring about sustainable growth and development of the country.
Mr. Tinubu told the security chiefs: “We believe we are on the right track so far. We believe we need all the help we can get,” the president said as he asked the bank’s management for support and partnership that would promote mutual benefits for Nigeria and the financial institution.
The president said the governance and development challenges facing the country could not be addressed without fiscal and institutional reforms.
“21st-century action on climate change, finance, and innovation are intertwined. Having a good platform and belief in innovation will help us implement reforms and address the problems.”
“This is the biggest economy and democracy in Africa, and if we can’t do it, no one will do it for us,” he said.
While noting that no one can do it alone, President Tinubu argued that the Bank and other willing financial institutions should help the country, for example by working together to ensure that Nigerian gas competes favorably in the global market, as a ble source of alternative revenue.
In his remarks, the leader of the delegation and President of the International for Bank of America, Mr. Bernard Mensah, expressed enthusiasm over the first steps taken by the new administration, which, he said, is taking Nigeria back to its rightful place on the global stage.
He said the Bank was willing to help the country address its immediate and long-term challenges, not only in the area of financing but also in contributing ideas.
Joining Mr. Mensah were the Bank’s Head of Sub-Saharan Africa, Yvonne Ike Fasinro, and the Head of Investment Banking in Sub-Saharan Africa, Chuba Ezenwa.
Source: Vanguard
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