President Bola Tinubu has defended his administration’s reforms, some of which were made on his inauguration, saying there is no going back.
He stated this while he received a delegation from the Corporate Council on Africa (CCA) led by Florizelle Liser, CCA’s President and Chief Executive Officer, in Abuja, on Thursday,
Tinubu noted that “I am happy that the Council is interested in various segments of Nigeria’s economy. We are right in the middle of a challenging stage of our reforms. We have headwinds, no doubt, but we are not going back.”
“We are challenged, and we believe we will overcome the challenges. I have a can-do attitude that must be translated into a must-do attitude. We have a good team, and we must remain focused to get the goal accomplished,”
Tinubu has repeatedly called for patience to allow his reforms to take effect, saying they will help attract foreign investment, but the measures have hit Nigerians hard.
The President commended the recent landing of a 45,000-kilometer submarine fiber optic cable in Akwa Ibom State, which establishes connectivity for the entire South-South region of Nigeria with Europe, and other parts of Africa via the Atlantic Ocean.
Highlighting the significance of this accomplishment, the President noted that with the right policies, partnerships, and determination, Nigeria can overcome long-standing developmental challenges that have encumbered rapid progress across sectors.
President Tinubu expressed satisfaction with the Corporate Council’s dedication to fostering business connections between the United States of America and Africa, drawing on his extensive experience in corporate governance and interactions with CCA during his tenure as the two-term governor of Lagos State.
Tinubu reaffirmed his commitment to creating an enabling environment for business to thrive, emphasizing that his administration’s focus on investing in key sectors, such as agriculture, solid minerals, energy, health, physical infrastructure, trade promotion, financial services, digital enterprise, and the creative economy is underpinned by the need to ensure the welfare and prosperity of citizens.
“We are going to do more on security and investing in education, as we believe that education is the greatest weapon against poverty. We welcome partners like CCA, and we will strengthen our partnership to achieve our goals,”
In her remarks, Liser expressed CCA’s commitment to supporting Nigeria’s economic growth through the eight priority areas outlined by President Tinubu.
She however invited the President to consider participating in CCA’s US-Africa Business Summit in May in Dallas, Texas, and urged him to consider CCA as a partner in enhancing USA-Nigeria trade, business, and investment.
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