President Bola Tinubu has again reiterated that his administration will succeed in spite of the huge challenges facing the country.
He said Nigeria has no reason to fail the rest of the African continent.
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 sustainable growth and development in the country.
“We believe we are on the right track so far. We believe we need all the help we can get,” the president said as he asked the bank’s management for support and partnership that would advance the mutual benefit of both Nigeria and the financial institution.
President Tinubu said the country’s governance and development challenges cannot be addressed without fiscal and institutional reforms.
“Twenty-first-century actions on climate change, finance and innovation are intertwined. Having a good platform and believing in innovation will help in undertaking reforms and tackling the issues.
“This is the largest economy and democracy in Africa, and if we cannot do it, nobody will do it for us,” he said.
Affirming that no one can do it alone, the president made a case for the bank and other willing financing institutions to partner with the nation and ensure that 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 Bank of America, Bernard Mensah, expressed excitement over the initial steps taken by the new administration, which are gradually returning the nation to its rightful place on the global stage.
He said the bank was willing to assist the country in addressing its immediate and longer-term challenges not only in the area of financing but also by contributing with ideas.
In company with Mr. Mensah on the visit were the Head of Sub-Saharan Africa of the bank, Yvonne Ike Fasinro, and the Head of Investment Banking Sub -Saharan Africa, Chuba Ezenwa.
