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President Bola Tinubu has revealed that he has succeeded in attracting $30 billion in foreign direct investment (FDI) commitments in less than two years after taking over.
Tinubu stated this during the opening of the Comptroller and Customs Commission (CGC) 2024 Conference in Abuja.
Speaking on behalf of the National Security Adviser (NSA), Mr. Nuhu Ribadu, the President noted that his administration had set out with a clear vision to strengthen Nigeria’s economic infrastructure and commended the great strides his administration had made. emphasized.
According to him, “In our massive quest for foreign direct investment, my administration has received over $30 billion in commitments from foreign investors in less than two years in office.”
“Soon, critics will have little to disagree with,” he said, citing the recent stabilization that has pushed oil production to a staggering 1.8 million barrels per day.
He further explained that the elimination of fuel subsidies and the unification of the exchange rate system are aimed at creating a more transparent and sustainable economic framework.
President Tinubu acknowledged that the policy required adjustment by the people, but insisted it was essential for the country’s long-term interests.
Lagbaja was one of the best players, he has been called up to higher levels – NSA Ribadu
Meanwhile, Mr. Ribadu said the following about the late Chief of Army Staff (COAS), Lt. Gen. Taolid Lagbaha played one of the greatest military men Nigeria has ever produced.
Mr. Ribadu also praised Lagbaja’s contribution to the country during his lifetime.
The NSA said this on Wednesday during a condolence visit to the Chief of Defense Staff, General Moussa Christopher, and acting COAS, Lieutenant General Moussa Christopher. Mr. Olufemi Oluyede at the Defense Force Headquarters in Abuja on Wednesday.
He said Raghu Baha’s death is a great loss but one must be thankful to God for his life.
Ribadu prayed that God would continue to take care of his family and all those he left behind.
“I am here to express my condolences to the Nigerian Armed Forces, the Chief of Defense Staff, the Chief of Army Staff and all members of our Armed Forces who have suffered great losses.
“We lost one of our best players because of the lieutenant general. Ragbaja was a great guy but that’s life.
“He has been called to a higher level and we will continue to pray for his family and those he leaves behind.
“We will continue to thank God for the life he lived, the service he gave, and the dedication he made for his country.
“This is very sad and difficult to feel for our President, Senator Bola Tinubu, but we thank God for his life,” Ribadu said.
