- Nigerian Parliament Backs Tinubu’s Reforms, Woos Investors at Global South Summit
- Oke said the legislature has been aligning with Tinubu’s reforms to improve Nigeria’s business climate and increase foreign direct investment
- He also used the platform to seek backing for Nigeria’s bid for a non-permanent seat on the United Nations Security Council
The Nigerian Parliament has restated its commitment to supporting President Bola Tinubu’s Renewed Hope Agenda by enacting laws that promote ease of doing business, tax reforms, and incentives to attract foreign investors.
Eko Hot Blog reports that the Chairman of the House Committee on Foreign Affairs, Hon. Wole Oke, made this known while addressing lawmakers from different countries at the Global South Legislators’ Summit in Urumqi, China.
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Oke, who represents Obokun/Oriade Federal Constituency of Osun State, said the legislature has been aligning with Tinubu’s reforms to improve Nigeria’s business climate and increase foreign direct investment.
He told delegates that Nigeria’s population of over 250 million presents vast opportunities in energy, aviation, and agriculture.
He also invited Chinese investors to expand their presence in the country, citing Nigeria’s rich solar, hydro, wind, and coal resources as enablers for technological growth and sustainable development.
“Our parliament has been supportive of reforms that ease business operations. China already has one of the highest numbers of companies operating in Nigeria at both national and sub-national levels, but we want to see more investments in critical sectors,” Oke said.
He also used the platform to seek backing for Nigeria’s bid for a non-permanent seat on the United Nations Security Council, arguing that the country’s leadership role in Africa makes it a strong candidate.
Calling for stronger cooperation among Global South nations, Oke urged the assembly to prioritise economic growth, trade, technology transfer, climate initiatives, and the free movement of goods, services, and people.
“I encourage us to see the Global South not only as a political alliance but also as a platform to deepen economic ties, transfer technology, promote climate-friendly policies, and secure prosperity for our people,” he said.
The summit brought together legislators from across the developing world to strengthen partnerships and advance shared interests.
