He stated this while assuring Brazilian investors that Nigeria’s economic reforms are yielding results.
President Bola Ahmed Tinubu has claimed that there is no more corruption in Nigeria.
He stated this while assuring Brazilian investors that Nigeria’s economic reforms are yielding results.
The President gave the assurance on Monday during a meeting with ministers from both countries and members of the Brazil Business Group.
He emphasized Nigeria’s commitment to deepening partnerships in areas such as technology transfer, food security, manufacturing, and renewable energy.
Describing Nigeria as a “vast, untapped market full of opportunities for Brazilian companies,” Tinubu acknowledged that the reforms introduced by his government were “initially painful, but today the result is blossoming.”
“It’s getting clearer to the people. We have more money for the economy, and no more corruption,” he said.
Highlighting efforts to entrench transparency, the President referenced operations at the Central Bank of Nigeria. “You don’t have to know him before getting the foreign exchange you need. The speculators are out. In our currency market, the door is open for businesses.”
Looking back on his earlier visits to Brazil, the Nigerian president stressed the need to shift from symbolic relations to practical economic collaboration.
“We have allowed some problems and activities in the past to deter us from making progress and fulfilling our promises, but today we say that is the end of that.”
In a statement released by presidential spokesperson Mr. Bayo Onanuga, it was disclosed that President Tinubu attended a state luncheon at the Itamaraty Palace, where talks focused on strengthening economic cooperation, boosting trade, and promoting innovation-driven partnerships.
The signing of new bilateral agreements is set to enhance collaboration between Nigeria and Brazil, creating new avenues for sustainable development and technological exchange.