-6.3 C
New York

Tinubu’s global engagements yield $50bn investment commitments —APC

Published:

The National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has lauded President Bola Tinubu’s international diplomacy, describing it as a cornerstone of Nigeria’s economic revival.

In a statement issued in Abuja on Tuesday through his media aide, Abimbola Tooki, Yilwatda said Tinubu’s foreign engagements have already attracted more than $50 billion in foreign direct investment commitments. He emphasized that the president’s trips are not ceremonial but deliberate missions designed to reposition Nigeria as a prime destination for global capital.

“Mr President’s engagements with strategic global partners underscore his unwavering commitment to advancing Nigeria’s economic interests,” Yilwatda noted, adding that the visits have yielded tangible benefits that will support long-term prosperity.

Since assuming office in May 2023, Tinubu has embarked on high-level diplomatic missions across Africa, Europe, Asia, the Middle East, and the Americas, meeting leaders in countries such as the United States, China, Germany, India, and Saudi Arabia. These efforts, according to Yilwatda, are set to boost critical sectors including energy, manufacturing, agriculture, and technology.

READ ALSO: NLC, TUC suspend Abuja protest after overnight talks with Wike

He pointed to the Comprehensive Economic Partnership Agreement with the United Arab Emirates as a landmark deal that will enhance bilateral trade and cooperation in infrastructure and energy.

Responding to critics who argue that the president’s frequent travels are costly, Yilwatda countered that such views ignore the economic dividends already being recorded. “Those who focus on the cost without recognising the returns are missing the bigger picture,” he said. “Nigeria’s reform programme under President Tinubu is bold, strategic, and necessary. We urge all Nigerians to support these efforts with patience, knowing that the dividends will be felt across the economy.”

The APC chairman added that Tinubu’s reform agenda, ranging from economic policy shifts to institutional strengthening, demonstrates a clear commitment to transforming Nigeria’s economy and securing long-term growth.

The post Tinubu’s global engagements yield $50bn investment commitments —APC appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

Related articles

spot_img

Recent articles

spot_img