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Tinubu Promises to Improve Foreign Exchange Liquidity

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President Bola Tinubu, speaking at the 29th Nigerian Economic Summit, made several commitments to the business community and outlined his administration’s goals.

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He pledged to improve foreign exchange liquidity and honor legitimate foreign exchange obligations, expressing confidence in achieving a $3 trillion national infrastructure stock target within a decade.

 

He emphasized plans to build megacities in each geopolitical zone, connect Nigeria through various means like rail, gas, and fiber optics, and uphold the sanctity of legitimate contracts.

 

The president also stressed the importance of market confidence and outlined his administration’s eight priorities, including ending poverty, ensuring food security, and fighting corruption.

 

He acknowledged past institutional weaknesses and announced initiatives to support small businesses, agriculture, and education. President Tinubu called on the private sector to support his vision and collaborate in building a better future for Nigeria.

 

The annual Nigerian Economic Summit is organized by the Nigerian Economic Summit Group and the Federal Ministry of Budget and National Planning.

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