President Bola Ahmed Tinubu has expressed confidence that his administration is on the pathway to success in spite of the challenges facing the country, saying Nigeria has no reason to fail the rest of the African continent.
This was disclosed in a statement signed by Dele Alake, the Special Adviser to the President on Special Duties, Communication and Strategy.
Receiving visiting Bank of America officials in his office at the State House on Tuesday, the President said his government was committed to instituting reforms that would engender the sustainable growth and development of the country.
The President asked the bank’s management for support and partnership that would advance mutual benefits for Nigeria and the financial institution.
President Tinubu said governance and development challenges facing the country cannot be addressed without fiscal and institutional reforms.
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, Mr. 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.