Tinubu boosting global confidence, UK partnership, FG says

Nigeria's President Tinubu

Nigeria’s ongoing economic and governance reforms under the administration of Bola Ahmed Tinubu are strengthening global confidence in the country and opening new opportunities for trade, investment, and international cooperation, the Minister of Information and National Orientation, Mohammed Idris, has said.

According to a statement by the Special Assistant (Media) to the minister, Rabiu Ibrahim, the minister spoke on Sunday in London during a World Press Conference ahead of President Tinubu’s official visit to the United Kingdom at the invitation of King Charles III.

“This visit highlights the historic and strategic relationship between Nigeria and the United Kingdom, a partnership built on deep diplomatic, economic, cultural, and democratic ties,” the minister said.

Idris noted that the visit would provide an opportunity to deepen collaboration between both countries in key areas, including trade and investment, security cooperation, climate action, education, and technological innovation.

He said Nigeria’s democracy had continued to grow stronger after more than two decades of uninterrupted democratic governance since 1999, supported by vibrant institutions, an active civil society, and a dynamic media environment.

According to the minister, the administration of President Tinubu is committed to ensuring that democracy delivers real benefits to citizens through the Renewed Hope Agenda, which focuses on stabilising the economy, expanding opportunities, strengthening social protection, and investing in long-term national development.

Idris highlighted several landmark reforms undertaken by the government, including the removal of the petrol subsidy and the harmonisation of multiple foreign exchange regimes, both of which were designed to restore fiscal transparency, promote economic sustainability, and improve investment predictability.

He said the reforms, alongside a series of presidential executive orders in the oil and gas sector, had made Nigeria Africa’s most attractive destination for oil and gas investment for two consecutive years, attracting over eight billion dollars in Final Investment Decisions from major international companies.

The minister also announced that Nigeria would soon launch a historic Customs Single Window, a unified digital platform that would connect trade agencies, importers, and exporters to streamline documentation processes and significantly improve efficiency in international trade.

He further disclosed that Nigeria recently exited the Financial Action Task Force grey list after implementing significant reforms to combat money laundering and illicit financial flows, a development that strengthens the country’s credibility within the global financial system and improves the ease of doing business.

On security, Idris stated that the government had strengthened intelligence sharing and operational coordination among security agencies to confront terrorism, banditry, and organised crime, while also expanding cooperation with international partners, including the United Kingdom and the United States.

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