Subsidy Removal, FX Policy Needed For Survival – Tinubu

President Bola Tinubu, on Thursday, in France, said Nigeria is ready to do business and receive investments from foreign partners.

He premised this on the ongoing reforms such as the removal of fuel subsidy and the streamlining of exchange rate, moves he promised to sustain for a more competitive economy that attracts Foreign Direct Investment.

Therefore, he urged investors to take advantage of the ensuing opportunities.

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“We are ready for business, prepared to welcome investments,” Tinubu said, while receiving President and Chairman of the Board of Directors of African Export-Import Bank, Prof. Benedict Oramah and President of European Bank for Reconstruction and Development, Odile Renaud–Basso, in separate meetings.”

The President’s Special Adviser on Special Duties, Communication and Strategy, Dele Alake, disclosed this in a statement he signed on Thursday titled ‘We’re ready for business, prepared to welcome investors to Nigeria, President Tinubu tells AfreximBank, EBRD Presidents in Paris.

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The Nigerian Leader assured the delegation of AfreximBank Executives led by Prof Oramah that the Federal Government will continue to stimulate the economy with policies that support investments in areas of Nigeria’s competitive advantage, particularly agriculture

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Photo Credit: Getty

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