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Times Reporters > Business > Economy > Tinubu’s engagement in France reflects global trust in Nigeria’s economic trajectory
BusinessEconomyForeignNews

Tinubu’s engagement in France reflects global trust in Nigeria’s economic trajectory

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By Publisher Published May 12, 2026
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The Tinubu Media Support Group (TMSG) has described the top presence of high-calibre global investors in France at an economic meeting with President Bola Tinubu as a reflection of the rapidly increasing trust in Nigeria’s economy.

In a statement by its Chairman Emeka Nwankpa and Secretary Dapo Okubanjo, TMSG said it was an indication of the success of the President’s ongoing efforts to market the country as an investment destination.

It said: “Coming at a time some opposition figures are casting the Nigerian economy as a basket case on President Bola Tinubu’s watch, the sight of representatives of reputable global institutions at a table with the President is a fitting response to naysayers.

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“The galaxy of global investors at the meeting included Citibank, Amundi, PGIM and Ninety One. These are high-net-worth institutions with Assets Under Management (AUM) running into trillions of dollars across the world.

The others in the room were Blue Crest, Kirkoswald, Principal Finisterre and Mesarete Capital, all multinational institutions with highly established global ratings.

“For the avoidance of doubt, these are some of the most respected hedge fund managers in the world, who are only interested in major emerging markets with great promise.

“It is a major vote of confidence in the effective handling of Nigeria’s economy by the Bola Tinubu administration. This is because no institution of the calibre of those at the meeting will waste their time if there was nothing at stake.

“We see it as the dividend of the economic diplomacy that President Tinubu has had, since assuming office, embarked on during which he has been showcasing reforms that have made it easier for serious investors to see Nigeria as a credible investment destination.

“We are aware that the discussions largely centred on securing investments for Nigeria to accelerate its quest for a $1 trillion economy by 2030.

“It was also an opportunity for the President and his team to outline ongoing efforts at ensuring policy stability, transparency, ease of doing business and disciplined execution to further stabilise the economy and attract long-term investments that would translate to concrete benefits for Nigerians.

“And we do not doubt that the revelation that the country had an 11.2% GDP growth in dollar terms in 2025 will spark enough interest from those reputable institutions.

“So we urge Nigerians to pay more attention to engagements such as the one the President had in France rather than listening to opposition figures who are bent on fulfilling selfish ambition.”

TMSG addressed opposition claims that President Tinubu went to France for medical reasons. It dismissed the claims as absurd and outlandish.

“We are also aware, like many Nigerians, of funny claims that President Tinubu’s three-day visit to France was for medical tourism but we wonder whether global investors like Citi Bank now operate medical facilities?”, it queried.

The group is convinced that President Tinubu would keep his promise of a post-2027 agenda of strengthening fiscal discipline, improving transparency and ensuring policy consistency.

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TAGGED: Ahmed Bola Tinubu, Emmanuel Macron, France

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Publisher May 12, 2026
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Previous Article NIGERIA’S 38.68% INCREASE IN EXPORT EARNINGS TRACEABLE TO TINUBU’S ECONOMIC REFORMS – TMV
Next Article Group to Atiku: You are wrong, no cause for alarm over slight dip in foreign reserves
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