Ribadu: Tinubu’s govt attracted $30bn investment commitments 

• The NSA said Tinubu acknowledged that the policies required adjustments by citizens .
• He added that the president insisted they were essential for the country’s long-term benefit.

President Bola Tinubu has disclosed that his administration has secured $30 billion in Foreign Direct Investment commitments within its first two years.

The National Security Adviser, Nuhu Ribadu, represented President Tinubu at the Comptroller General of Customs 2024 conference in Abuja, where he made this announcement.

“In the significant search for Foreign Direct Investment, in less than two years in office, my administration has received over $30 billion in commitments from foreign investors”, he said.

President Tinubu’s administration had a clear vision to bolster Nigeria’s economic foundation, and significant progress has been made.

According to him, “shortly, critics will have little to challenge”, citing the recent stability, which has propelled crude oil production to an impressive 1.8 million barrels per day.

He explained that removing fuel subsidies and unifying the exchange rate system aimed to create a more transparent and sustainable economic framework.

President Tinubu acknowledged that these policies required citizens to make adjustments but insisted they were crucial for the country’s long-term prosperity