President Bola Ahmed Tinubu has vowed to institute reforms that would engender the sustainable growth and development of Nigeria.
The President, who spoke today, July 4, when he received officials of the Bank of America at the Presidential villa, said that the governance and development challenges facing the country cannot be addressed without fiscal and institutional reforms.
“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.”
President Tinubu is confident that his government is on the pathway to success in spite of the challenges facing the country.
He insisted that Nigeria has no reason to fail the rest of the African continent.
“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 advance mutual benefits for Nigeria and the financial institution.”
This President stressed that Nigeria is the largest economy and democracy in Africa, acknowledging that no one can do it alone.
He made a case for the bank and other willing financing institutions to help the country in partnering to ensure that Nigerian gas compete favourably in the global market, as a viable source of alternative revenue.
In his remarks, the leader of the delegation and President of International for Bank of America, Mr. Bernard Mensah, expressed excitement about the initial 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 is willing to assist the country address its immediate and longer term challenges not only in the area of financing but also contributing with ideas.
Accompanying Mensah on the visit were Head of Sub-Saharan Africa of the bank, Mrs. Yvonne Ike Fasinro and Head of Investment Banking Sub -Saharan Africa, Mr. Chuba Ezenwa.