President Tinubu Announces $30 Billion in Foreign Direct Investment Commitments
At the Comptroller General of Customs (CGC) 2024 conference in Abuja, President Bola Tinubu revealed that his administration has secured commitments of over $30 billion in Foreign Direct Investments (FDI) in under two years.
Represented by National Security Adviser, Nuhu Ribadu, the President highlighted the significant progress his government has made in strengthening Nigeria’s economic foundation.
Tinubu emphasized that his administration’s goal is to create a transparent and sustainable economic framework, citing the removal of fuel subsidies and the unification of the exchange rate system as key steps towards achieving this goal.
He acknowledged that these policies may require adjustments from citizens, but stressed that they are essential for the country’s long-term benefit.
The President also referenced the recent stability in the economy, which has led to a significant increase in crude oil production to 1.8 million barrels per day, saying that soon, critics will have little to challenge.
NSA Pays Tribute to Late Army Chief, Lt.-Gen. Taoreed Lagbaja
National Security Adviser, Nuhu Ribadu, led a condolence visit to the Chief of Defence Staff, Gen. Musa Christopher, and the Acting COAS, Lt.-Gen. Olufemi Oluyede, to pay tribute to the late Chief of Army Staff (COAS), Lt.-Gen. Taoreed Lagbaja.
Ribadu described Lagbaja as one of the best military officers Nigeria has ever produced, commending him for his service to the country during his lifetime.
Although Lagbaja’s death is a great loss, Ribadu expressed gratitude to God for his life and prayed for God’s continued care of his family and those he left behind.
Ribadu stated that Lagbaja was an incredible man who has been called to a higher level, and that they will continue to pray for his family and those he left behind.
