July 04, (THEWILL) – President Bola Tinubu has expressed confidence that his administration is on the path to success despite the country’s challenges, saying Nigeria has no reason to fail the African continent.
A statement by his Special Adviser on Special Duties, Communication, and Strategy, Dele Alake, said Tinubu disclosed this while receiving visiting Bank of America officials in his office at the State House on Tuesday.
Tinubu stressed that his Government was committed to instituting reforms that would engender sustainable growth and development in the country.
“We believe we are on the right track so far. We believe we need all the help we can get,” the President said as he asked the bank’s management for support and partnership to advance mutual benefits for Nigeria and the financial institution.
President Tinubu said the governance and development challenges facing the country cannot be addressed without fiscal and institutional reforms.
“Twenty-first-century actions on climate change, finance, and innovation are intertwined. Having a good platform and believing in innovation will help in undertaking reforms and tackling the issues. This is the largest economy and democracy in Africa, and if we cannot do it, nobody will do it for us,” he said.
But affirming that no one can do it alone, President Tinubu made a case for the bank and other willing financing institutions to help the country, for instance, in partnering to ensure Nigerian gas compete favourably in the global market, as a viable source of alternative revenue.
In his remarks, the leader of the delegation and President of International for Bank of America, Bernard Mensah, expressed excitement about the initial steps taken by the new administration, which he said, is taking Nigeria back to its rightful place on the global stage.
He said the bank was willing to assist the country address its immediate and longer-term challenges not only in the area of financing but also contributing with ideas.
In company with Mr. Mensah on the visit were Head of Sub-Saharan Africa of the bank, Mrs. Yvonne Ike Fasinro, and Head of Investment Banking Sub-Saharan Africa, Mr. Chuba Ezenwa.
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