Pulse logo
Pulse Region

Your funds are safe in Nigeria — Tinubu assures investors

Tinubu described Nigeria as the greatest economy.
[President Bola Tinubu and Scott Eisner, the President of the U.S.-Africa Business Center (USAfBC) during the bell-ringing ceremony at the US Chamber of Commerce on Wednesday, September 20, 2023. [BusinessDay]
[President Bola Tinubu and Scott Eisner, the President of the U.S.-Africa Business Center (USAfBC) during the bell-ringing ceremony at the US Chamber of Commerce on Wednesday, September 20, 2023. [BusinessDay]

President Bola Tinubu has assured investors they can bring their money to invest in Nigeria without fear. 

President Tinubu spoke on Tuesday, September 20, 2023, at the National Association of Securities Dealers Automated Quotations (NASDAQ) where he rang the bell to signify the end of a trading session. 

Recall that last week, the United States Chamber of Commerce invited Tinubu to perform the bell-ringing ceremony at the New York-based stock exchange market. 

While speaking at the event, Tinubu said his administration has taken some steps that would favour foreign investments in Nigeria. 

Tinubu said Nigeria is the greatest economy, adding that there’s an ‘immense opportunity for investors to invest their money.

The President said, “I am happy to bring Nigeria to your doorsteps and honoured that we’re here today with a bubbling market that will evolve the West African subregion,”

“The greatest economy is Nigeria. There is an immense opportunity in Nigeria that you can invest your money without fear.”

“We’ve removed a lot of bottlenecks and we’ve cleared subsidy that are corrupt. And we have also the exchange rate to a reliable, dependable figure floating up the change naira. 

“You’re free to bring in your money and bring out your money. I count on you to invest in Nigeria.” 

Tinubu was accompanied to the U.S. Chamber of Commerce for the bell-ringing ceremony by Scott Eisner, the President of the U.S.-Africa Business Center (USAfBC).

Next Article