Politics
Challenges are not an excuse. Nigeria is on track.-Tinubu
Challenges are not an excuse. Nigeria is on track.-Tinubu
Despite the difficulties Nigeria faces, President Bola Tinubu has voiced confidence that his administration is on the right track, adding that Nigeria has no excuse to let the rest of Africa down.
NewsReport Nigeria gathered that speaking while receiving visiting Bank of America officials in his office at State House yesterday, the president said his government was committed to instituting reforms that would engender sustainable growth and development in the country.
He said, “We believe we are on the right track so far. We believe we need all the help we can get.”
He solicited the bank’s management’s support and partnership that would advance mutual benefits for Nigeria and the financial institution.
Tinubu said the governance and development challenges facing the country cannot be addressed without fiscal and institutional reforms.
President Bola Tinubu
Challenges are not an excuse. Nigeria is on track.-Tinubu
He said: “21st-century actions on climate change, finance, and innovation are intertwined. Having a good platform and believing in innovation will help in undertaking reforms and tackling the issues. This is the largest economy and democracy in Africa, and if we cannot do it, nobody will do it for us.”
But affirming that no one can do it alone, Tinubu made a case for the bank and other willing financing institutions to help the country, for instance by partnering to ensure Nigerian gas competes favourably in the global market, as a viable source of alternative revenue.
In his remarks, the leader of the delegation and President of the International Bank of America, Mr. Bernard Mensah, expressed excitement about the initial steps taken by the new administration, which, he said, are taking Nigeria back to its rightful place on the global stage.
He said the bank was willing to assist the country in addressing its immediate and longer-term challenges, not only in the area of financing but also by contributing ideas.
