Nigerian businessman Femi Otedola, has claimed that the economic reforms of President Bola Tinubu have put Nigeria on a path of sustainable growth.
Otedola made the assertion in a post on X on Tuesday after a private dinner with the President in Paris, France.
He wrote, “At a private dinner in Paris yesterday evening with His Excellency, President Asiwaju Bola Ahmed Tinubu, whose bold and forward-thinking reforms have put our economy firmly on a path of sustainable growth.”
According to him, the results of the reforms are becoming increasingly evident, citing Nigeria’s return to the FTSE Russell Frontier Market classification, gains in the Nigerian Exchange, NGX, increased foreign direct investment and improved foreign exchange, FX, market stability.
The billionaire businessman equally pointed to Nigeria’s foreign reserves, which he said stood at about $55 billion.
“Top Nigerian companies now included on the FTSE Russell Frontier 50 Index, the NGX at historic highs, increased foreign direct investment and renewed economic confidence, a unified and more stable foreign exchange market, foreign reserves standing strong at about $55 billion, and so much more,” Otedola added.
DAILY POST reports that Tinubu has been in Europe since August 30, when he left Nigeria for London to begin a working vacation before proceeding to Paris.