Tinubu engages with global investors in France, emphasises fiscal discipline in economy

*President Bola Ahmed Tinubu engages with global investors at a forum in Paris, capital of France, emphasising transparency and fiscal discipline, as well as the rationale for expeditious implementation of bold reforms in the Nigerian economy

Gbenga Kayode | ConsumerConnect

President Bola Ahmed Tinubu, GCFR, has met and engaged with global investors at a forum in Paris, capital of France, emphasising transparency and fiscal discipline.

Tinubu used the forum to further explain the rationale for the swift implementation of bold reforms in the Nigerian economy.

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Mr. Bayo Onanuga, Special Adviser to the President on Information and Strategy, in a statement Tuesday, May 5, 2026, revealed the investors in attendance were from Citibank and France’s Amundi, led by Valerie Baudson.

There were also others, including BlueCrest, the Britain and South Africa-based Ninety One, Kirkoswald Capital, Principal Finisterre, US groups Prudential Global Investment Management (PGIM) and Mesarete Capital.

Speaking at the meeting also, Mr. Taiwo Oyedele, Honourable Minister for Finance and Coordinating Minister of the Economy, highlighted Nigeria’s strong Gross Domestic Product (GDP) growth in Dollar terms in 2025.

Oyedele disclosed the West African country recorded 11.2 percent GDP growth in Dollar terms last year, a record that reinforced Nigeria’s ambition to achieve a $1 trillion economy by 2030.

The Minister also highlighted the Federal Government’s near-term priorities of translating reforms into results for Nigerians.

He also pledged to publish quarterly financial data.

Likewise, in her contribution during the meeting, Mrs. Patience Oniha, Director-General of the Debt Management Office (DMO), assured foreign investors of the government’s responsible approach to debt financing, and its focus on sustainable debt management.

The statement further noted that President Tinubu, who left Nigeria last Sunday for three-nation trips, said the economic reform programme of his administration includes measures to remove economic distortions and stabilise macroeconomic indicators.

According to him, this is a move towards laying the foundation for sustained inclusive growth in the economy.

The Nigerian leader equally stated that his administration 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.

Onanuga noted President Tinubu said: “The focus remains on policy stability and diligent execution to ensure these strategic shifts translate into concrete benefits for all Nigerians.”

On Tinubu’s post-2027 agenda for economy

The Presidency said some of the investors, who spoke at the meeting commended the Nigerian Government’s transformative reforms, and expressed optimism about the economy.

One of the investors asked President Tinubu about his post-2027 agenda.

The statement added the President pledged to strengthen fiscal discipline and transparency, and to deliver policy consistency in the country.

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