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President Bola Tinubu has met with global investors in Paris, where he emphasised transparency and fiscal discipline and explained the rationale for his administration’s bold reforms, the presidency announced on Tuesday.
Bayo Onanuga, Special Adviser to the President on Information and Strategy, said in a press release that the meeting, held in the French capital, brought together investors from Citibank, France’s Amundi, led by Valerie Baudson, BlueCrest, Ninety One, Kirkoswald Capital, Principal Finisterre, PGIM, and Mesarete Capital.
According to Onanuga, the minister of finance and coordinating minister of the economy, Taiwo Oyedele, told the gathering that Nigeria recorded “11.2% GDP growth in dollar terms last year,” a record that reinforced the country’s ambition to achieve a $1 trillion economy in 2030.
Oyedele also pledged to publish quarterly financial data and emphasised the government’s near-term priorities of translating reforms into results for the Nigerian people, Onanuga said.
“I inherited an economy [in tatters]. The subsidy that was a burden to the entire country was removed…”
At a high-level investor meeting in Paris, President Bola Tinubu says the removal of fuel subsidies has reduced fiscal strain and improved economic indicators in Nigeria. pic.twitter.com/i98k00t01l
— News Central TV (@NewsCentralTV) May 6, 2026
Onanuga reported that the Director General of the Debt Management Office, Patience Oniha, assured investors of the government’s “responsible approach to debt financing” and its focus on sustainable debt management.
President Tinubu, who left Nigeria on Sunday for a three-nation trip, told the investors that his administration’s economic reform programme includes measures to remove economic distortions and stabilise macroeconomic indicators.
“The focus remains on policy stability and diligent execution to ensure these strategic shifts translate into concrete benefits for all Nigerians,” Onanuga quoted Tinubu as saying.
The president also said his government is committed to deepening reforms, enhancing transparency across the oil value chain, and implementing a multi-pronged security strategy, including police decentralisation and disrupting terrorist financing.
According to Onanuga, some of the investors who spoke at the meeting commended the government’s transformative reforms and expressed optimism about the Nigerian economy.
One investor asked Tinubu about his post-2027 agenda. The president promised to strengthen fiscal discipline and transparency and to deliver policy consistency, Onanuga said.
