HomeNewsPresident Tinubu Begins Strategic Working Visit to Paris to Assess Midterm Progress

President Tinubu Begins Strategic Working Visit to Paris to Assess Midterm Progress

Published on


KEY POINTS


  • Tinubu’s Paris visit focuses on evaluating his administration’s progress and planning the next phase of reforms.
  • Nigeria’s FX reserves have risen sharply to $23.11 billion, reflecting successful fiscal measures.
  • The trip aims to strengthen international partnerships and attract investments to key sectors.

President Bola Ahmed Tinubu has departed Abuja for a working visit to Paris, France, where he will evaluate his administration’s achievements and strategise for the remaining half of his term.

The trip, announced by Special Adviser to the President on Information and Strategy, Bayo Onanuga, underscores Tinubu’s commitment to refining governance and economic policies amid Nigeria’s evolving challenges.

During his stay in Paris, the president is expected to conduct a comprehensive review of key milestones, including economic reforms, security initiatives, and infrastructure projects. “This visit provides a crucial opportunity for reflection and recalibration to ensure Nigeria remains on a path of sustainable growth,” a presidential aide disclosed.

According to AAN TV, one notable achievement under scrutiny is Nigeria’s foreign exchange reserves, which have surged to 23.1 Billion.

Balancing diplomacy and domestic priorities

While in Paris, Tinubu will also engage with international partners and investors to bolster Nigeria’s economic prospects. Analysts suggest the trip could pave the way for new trade agreements and foreign direct investment, particularly in energy and technology sectors. “The president’s engagement abroad is not just ceremonial; it’s a strategic move to attract global capital,” remarked economist Dr. Ngozi Okonjo.

Despite his absence, governance will continue uninterrupted, with Tinubu maintaining virtual coordination with cabinet members.

The president is scheduled to return to Nigeria within two weeks, after which he is expected to announce new policy directions based on his assessments.

 

Latest articles

NIPCO to Acquire 19 Percent Stake in Savannah Energy

NIPCO Plc will acquire a 19 percent stake in Savannah Energy Plc, strengthening the Kansagra family’s position in Nigeria’s growing gas sector.

Aradel Raises ND Western Stake to 81.7 Percent

Aradel boosts its stake in ND Western to 81.67 percent, reinforcing its upstream dominance and expanding its role in Nigeria’s oil and gas industry.

Nigeria Approves $1 Billion to Modernize Lagos Seaports

Nigeria has approved $1 billion to modernize the Apapa and Tin Can Island ports, a major step in its maritime reform plan led by the Chagoury Group’s ITB Nigeria.

Nigeria’s Educators Push for Early Sex Education Reform

Educators and parents across Nigeria are calling for early sex education to be prioritized in schools to empower adolescents.

More like this

NIPCO to Acquire 19 Percent Stake in Savannah Energy

NIPCO Plc will acquire a 19 percent stake in Savannah Energy Plc, strengthening the Kansagra family’s position in Nigeria’s growing gas sector.

Aradel Raises ND Western Stake to 81.7 Percent

Aradel boosts its stake in ND Western to 81.67 percent, reinforcing its upstream dominance and expanding its role in Nigeria’s oil and gas industry.

Nigeria Approves $1 Billion to Modernize Lagos Seaports

Nigeria has approved $1 billion to modernize the Apapa and Tin Can Island ports, a major step in its maritime reform plan led by the Chagoury Group’s ITB Nigeria.