Connect with us

Hi, what are you looking for?

News

Yilwatda: Tinubu’s Foreign Trips Have Secured $50bn In FDI, Meetings With Global Leaders Are Not Ceremonial

Nentawe Yilwatda says President Tinubu’s global engagements have strengthened partnerships and secured over $50 billion in foreign investment for Nigeria.

National Chairman of All Progressives Congress (APC), Professor Nentawe Yilwatda, said President Bola Tinubu’s foreign travels and meetings with global leaders were not ceremonial but purposeful actions that had strengthened Nigeria’s global partnerships and attracted significant foreign investment into the country.

Yilwatda stated that Tinubu’s engagements with strategic global partners underscored his unwavering commitment to advancing Nigeria’s economic interests.

Since assuming office in May 2023, Tinubu has undertaken a series of international visits to key regions, including Africa, Europe, the Middle East, Asia, and the Americas, engaging leaders and investors in nations such as the United States, the United Kingdom, France, Germany, China, India, Saudi Arabia, Qatar, Brazil, and others.

The missions, officials claimed, had been focused on economic cooperation, trade expansion, and enhanced strategic partnerships.

But critics lamented alleged abandonment of local is-sues.

However, Yilwatda, in a statement on Tuesday by his Special Adviser on Media and Communications Strategy, Abimbola Tooki, commended Tinubu for his strategic international engagements and the gains Nigeria had recorded through sustained diplomatic and economic outreach.

According to him, “These visits have helped reposition our country on the world stage, yielding tangible benefits that will support long-term prosperity.”

The national chairman stated that Nigeria had already secured over $50 billion in Foreign Direct Investment (FDI) commitments through Tinubu’s diplomatic drive, with major companies and sectors committing to investments that spanned energy, manufacturing, logistics, agriculture, technology, and infrastructure.

Yilwatda also pointed to recent diplomatic achievements, such as the Comprehensive Economic Partnership Agreement with the United Arab Emirates, designed to deepen trade, investment, and cooperation across critical sectors, including energy and agriculture.

Addressing critics, who had described the president’s international travels as “overdone” or unnecessary, Yilwatda said such perspectives reflected short-sightedness and a lack of appreciation for the broader reform trajectory the administration had championed.

He stated, “These are not promises on paper. These commitments represent real capital flows, job creation opportunities, and technology transfers that strengthen our economy.

“Those who focus on the cost without recognizing the returns are missing the bigger picture. Nigeria’s reform programme under President Tinubu is bold, strategic, and necessary.

“We urge all Nigerians to support these efforts with patience, knowing that the dividends will be felt across the economy.”

Yilwatda emphasized that the president’s capacity to follow through on reforms, from economic policy shifts to institutional strengthening, demonstrated a deep commitment to transforming the Nigerian economy and enhancing living standards for citizens.

He added, “Mr. President has shown both the vision and the determination to see through the reforms this nation needs. Now is not the time for cynicism, but for unity and constructive support as these diplomatic and economic efforts begin to translate into tangible improvements in people’s lives.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Sport

Victor Osimhen, who scored a vital goal in the Yellow and Reds’ 3-1 victory over Fatih Karagümrük on Saturday night, set a new record...

Birthday Shoutout

Nigerian politician Ned Nwoko is celebrating the 35th birthday of Laila Charani, his fourth wife. He used his Instagram page to write some  lovely...

Family & Relationship

Nigerian businessman Olakunle Churchill has finally spoken out after his ex-wife Tonto Dikeh said on Saturday that she has reconciled with him and is...

Gists

Funke Akindele, a Nollywood actress, has talked about the sacrifices she made to become successful. Akindele disclosed in a recent media interview that she...

Advertisement