Tinubu Champions Transparency, Boasts Nearly $20bn FDI at Africa CEO Forum

At the Africa CEO Forum, President Tinubu stressed that investment demands transparency, accountability and forthrightness. He urged African nations to pool resources and negotiate collectively on the world stage. He highlighted that Nigeria is set to attract close to US$20 billion in foreign direct investment this year. Tinubu explained that removing bottlenecks provides strong incentives for investors. Reflecting on his time as Lagos governor, he celebrated its status as the fifth largest economy in Africa and said he still monitors its progress. He praised risk-takers like the Dangote Refinery, noting that his government granted free trade status and support for crude sourcing, allowing it to become an exporter.

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