Index to Nigerian Newspapers

President Bola Tinubu warned that ignoring Nigeria's large and potent economy would be a peril to the universe. He joined other world leaders in the consensus for redesigning the global financial architecture that would favor poverty reduction, debt restructuring, and more consideration for vulnerable countries affected by climate change and Covid-19. Tinubu declared that the ongoing reforms, including the removal of fuel subsidy and streamlining of exchange rates, would be sustained for a more competitive economy that would attract Foreign Direct Investment (FDI). He urged foreign investors to take advantage of opportunities in Nigeria. Tinubu met with President and Chairman of the Board of Directors of African Export-Import Bank (Afrexim) Prof. Benedict Oramah and President of European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso at separate meetings on the sidelines of the Summit for New Global Financing Pact. He emphasized Nigeria's readiness for global business and the need for reforms for national survival. AfreximBank president commended Tinubu for the bold steps in removing the fuel subsidy and unifying the exchange rate, assuring the Nigerian leader of the full support of the financial and development institution on the ongoing reforms.