APC, BAT hail $50b FDI secured through Tinubu’s global diplomacy

President Bola Ahmed Tinubu

All Progressives Congress (APC) has revealed that Nigeria has secured over $50 billion in Foreign Direct Investment (FDI) commitments as a direct outcome of President Bola Ahmed Tinubu’s sustained global diplomatic and economic engagements since assuming office in May 2023.

The National Chairman of the party, Prof. Nentawe Yilwatda, in a statement yesterday, said the milestone validated President Tinubu’s international outreach, describing it as a deliberate and results-driven strategy aimed at repositioning Nigeria as a prime global investment destination.

This is as the Convener of the BAT Ideological Group, Bamidele Atoyebi, says that President Bola Ahmed Tinubu’s frequent foreign engagements have produced tangible gains in defence cooperation, trade, and economic recovery, urging critics to assess the trips by outcomes rather than duration.

According to Yilwatda, the $50 billion investment commitments cut across energy, manufacturing, infrastructure, agriculture, logistics, and technology, and are expected to translate into capital inflows, job creation, industrial expansion, and critical technology transfer.

In a statement by his aide on Media and Communications Strategy, Mr Abimbola Tooki, he explained that President Tinubu’s foreign engagements—spanning Africa, Europe, the Middle East, Asia, and the Americas—had gone beyond diplomacy, focusing squarely on economic recovery, trade expansion, and long-term growth.

Countries engaged include the United States, United Kingdom, France, Germany, China, India, Saudi Arabia, Qatar, Brazil, among others, with discussions centred on unlocking private capital and strengthening bilateral and multilateral economic partnerships.

Yilwatda noted that one of the most significant outcomes of the efforts was the Comprehensive Economic Partnership Agreement with the United Arab Emirates, which is expected to deepen trade flows and boost investment in critical sectors such as energy, agriculture, and infrastructure.

Responding to critics who had questioned the frequency of the President’s international travels, the APC Chairman dismissed such arguments as economically myopic.

The APC chairman urged Nigerians to remain patient and supportive, assuring that the investment commitments would increasingly translate into visible economic outcomes.

He reaffirmed the party’s commitment to ensuring that Nigeria’s global partnerships deliver measurable benefits in growth, employment, and shared prosperity for all citizens.

Similarly, Atoyebi, who made his remarks yesterday while speaking with journalists in Abuja, argued that public debate had focused excessively on the number of days the President spent outside the country without sufficient attention to the results of those engagements.

According to him, an objective assessment of the President’s travels should be based on measurable developments before and after the trips.

He said available indicators point to improvements in Nigeria’s security posture, international relations, and economic outlook.

Atoyebi cited enhanced defence relations between Nigeria and the United States, noting that the country had started accessing military equipment and intelligence support that had previously been difficult to secure.

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