Details have emerged regarding the recent meeting between President Bola Ahmed Tinubu and a delegation from the Bank of America.
EkoHotBlog reports that President Tinubu hosted the visiting Bank of America officials at his office in the State House on Tuesday.
During the meeting, he reaffirmed his government’s commitment to implementing reforms that would foster sustainable growth and development in the country.
EDITOR’S PICKS
Leading the delegation was Mr. Bernard Mensah, President of International for Bank of America. Accompanying him were Mrs. Yvonne Ike Fasinro, Head of Sub-Saharan Africa, and Mr. Chuba Ezenwa, Head of Investment Banking Sub-Saharan Africa.
According to a statement from the President’s Special Adviser on Special Duties, Communication, and Strategy, President Tinubu expressed confidence in his administration’s trajectory towards success, despite the challenges facing the nation. He emphasised that Nigeria has a responsibility not to fail the rest of the African continent.
“We believe we are on the right track so far. We believe we need all the help we can get,” President Tinubu stated while seeking the bank’s support and partnership to advance mutual benefits for Nigeria and the financial institution.
The President emphasized that addressing governance and development challenges in the country requires fiscal and institutional reforms. He underscored the interconnected nature of 21st-century actions on climate change, finance, and innovation, highlighting the importance of a solid platform and a commitment to innovation in undertaking reforms and tackling these issues.
“As the largest economy and democracy in Africa, if we cannot do it, nobody will do it for us,” President Tinubu asserted.
Recognising the collaborative nature of progress, President Tinubu urged the bank and other willing financing institutions to assist the country. He cited the potential for the partnership to ensure Nigerian gas competes favourably in the global market, offering a viable source of alternative revenue.
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In response, Mr. Bernard Mensah, the leader of the Bank of America delegation and President of International for the bank, expressed enthusiasm for the initial steps taken by the new administration.
He commended the efforts to restore Nigeria to its rightful place on the global stage and affirmed the bank’s willingness to assist the country in addressing immediate and long-term challenges, not only through financing but also by contributing ideas.
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