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Tinubu Meets Global Investors in Paris, Defends Reforms, Targets $1tn Economy

James Johnson by James Johnson
May 6, 2026
in National
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TINUBU ENGAGES GLOBAL INVESTORS IN PARIS
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President Bola Tinubu on Tuesday met with global investors in Paris, France, where he defended his administration’s economic reforms and assured foreign stakeholders of policy stability, fiscal discipline and transparency as Nigeria intensifies efforts to attract capital and strengthen economic growth.

The meeting, which formed part of Tinubu’s ongoing three-nation diplomatic and economic trip, brought together executives from leading investment institutions, including Citibank, Amundi, BlueCrest, Ninety One, PGIM and Mesarete Capital, in what signals renewed efforts by the Federal Government to deepen investor confidence in Nigeria.

At the engagement, Tinubu said the reforms introduced by his administration were designed to remove structural distortions in the economy, stabilise key macroeconomic indicators and build a stronger foundation for long-term inclusive growth.

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According to the President, the government remains focused on policy stability and disciplined implementation to ensure that ongoing reforms produce measurable benefits for Nigerians.

The Tinubu administration has, since taking office, introduced major economic reforms including the removal of petrol subsidy and the liberalisation of the foreign exchange market—moves aimed at improving efficiency, boosting investor confidence and strengthening public finances.

At the Paris meeting, Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, told investors that Nigeria recorded 11.2 per cent GDP growth in dollar terms in 2025, describing it as a major step toward the government’s target of building a $1 trillion economy by 2030.

Oyedele said the immediate focus of government is to ensure that economic reforms translate into practical results for citizens, especially in areas of job creation, improved purchasing power and economic stability.

He also announced plans to begin publishing quarterly financial reports, describing the move as part of broader efforts to improve transparency and strengthen market confidence.

Also speaking, the Director-General of the Debt Management Office, Patience Oniha, assured investors that Nigeria’s borrowing strategy remains focused on sustainability and responsible debt management.

She said the government remains committed to balancing development financing needs with long-term fiscal responsibility.

Tinubu also expanded discussions beyond the economy, telling investors that his administration is improving transparency across the oil and gas sector while strengthening national security architecture.

He said the government’s security strategy includes plans around policing reforms and stronger efforts to disrupt terrorist financing.

The meeting comes at a time Nigeria is seeking stronger foreign direct investment and external financing to support infrastructure development, stabilise the economy and accelerate growth.

Despite ongoing inflationary pressure and exchange rate challenges, the Federal Government has maintained that its reforms are beginning to lay the groundwork for long-term recovery.

Some of the investors at the meeting reportedly commended the government’s reform direction and expressed confidence in Nigeria’s economic prospects.

One of the investors also asked Tinubu about his agenda beyond 2027, with the President reiterating his commitment to fiscal discipline, transparency and policy consistency.

The Paris engagement is expected to strengthen Nigeria’s economic diplomacy and could open the door for fresh investment inflows as the government pushes to reposition the country’s economy on a stronger growth path.

Tags: Global investorsNigerian economyTinubu
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James Johnson

James Johnson

James Johnson is a journalist and news writer at News Velocity, covering politics, business, energy, and current affairs. With a focus on breaking news and developing stories, he is committed to accurate reporting, balanced journalism, and delivering stories that matter.

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