Tinubu touts reforms in Paris, pledges fiscal discipline

President Bola Tinubu met with a delegation of international investors in Paris on Sunday, outlining his administration’s reform agenda and stressing the need for transparency, fiscal discipline and swift policy implementation.

The three‑nation trip, which also includes stops in the United Kingdom and the United Arab Emirates, is intended to attract new funding and deepen existing partnerships. In his remarks, Tinubu said the government’s economic programme targets the removal of market distortions, the stabilization of macro‑economic indicators and the creation of a foundation for inclusive growth. He added that reforms will be deepened across the oil value chain, while a multi‑pronged security strategy – including police decentralisation and measures to curb terrorist financing – will be pursued.

According to a statement from presidential spokesman Bayo Onanuga, Tinubu emphasized that “policy stability and diligent execution” are essential to translate these strategic shifts into tangible benefits for Nigerians.

Finance Minister Taiwo Oyedele highlighted Nigeria’s strong performance in 2025, noting an 11.2 % growth in gross domestic product when measured in US dollars – a record that supports the goal of reaching a $1 trillion economy by 2030. He affirmed the government’s near‑term priority of converting reforms into results and pledged to publish quarterly financial data to improve accountability.

Patience Oniha, Director General of the Debt Management Office, reassured investors that the administration follows a responsible approach to debt financing and is committed to sustainable debt management practices.

Representatives from Citibank, France’s Amundi, BlueCrest, the UK‑South Africa‑based Ninety One, Kirkoswald Capital, Principal Finisterre, US‑based Prudential Global Investment Management (PGIM) and Mesarete Capital participated in the meeting. Several investors praised the reform agenda and expressed optimism about Nigeria’s economic prospects. When asked about plans beyond 2027, Tinubu promised to reinforce fiscal discipline, maintain transparency and ensure policy consistency.

The Paris engagement underscores the Tinubu government’s effort to restore investor confidence and secure financing for its reform programme. Continued dialogue with global capital markets and the promised quarterly disclosures are expected to shape Nigeria’s economic trajectory in the coming years.

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