KEY POINTS

• President Tinubu says Nigeria has moved past economic uncertainty and is on a path to recovery.
• His UK visit secured a £746 million port rehabilitation deal in Lagos to boost trade and investment.
• The administration’s “Renewed Hope” agenda is positioned as central to restoring economic stability and confidence.

President Bola Ahmed Tinubu has declared that Nigeria is emerging from a period of economic uncertainty, expressing optimism about the country’s recovery and future growth trajectory.

Speaking to members of the Nigerian diaspora during the Nigeria Modernism Exhibition in London, the President described the nation’s journey as one of resilience, noting that Nigeria has navigated through what he called a “dark tunnel” of economic hardship and instability.

Tinubu highlighted his administration’s “Renewed Hope” agenda as the driving force behind efforts to stabilise the economy, restore investor confidence, and reposition the country for sustainable development.

He urged Nigerians abroad to remain confident in the nation’s direction despite ongoing global economic volatility.

Tinubu also pushed back against unfavourable international credit assessments, stressing that Nigeria remains committed to shaping its own economic destiny through reforms and strategic partnerships.

President Tinubu sealed a £746 million agreement to rehabilitate two major ports in Lagos

A key highlight of the visit was the sealing of a £746 million agreement to rehabilitate two major ports in Lagos. The deal is expected to strengthen Nigeria’s trade infrastructure, improve port efficiency, and enhance the country’s attractiveness to foreign investors.

Tinubu noted that such investments reflect renewed global confidence in Nigeria’s economy and signal a broader effort to deepen trade relations between Nigeria and the United Kingdom.