President Bola Tinubu has affirmed Nigeria’s strong commitment to enhancing cooperation in key sectors such as food security, energy, solid minerals, education, and defence.
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He stated this during a meeting with the French President, Emmanuel Macron, at the prestigious Palais des L’Élysée yesterday in France.
According to a statement by Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu called on foreign investors to take advantage of Nigeria’s hospitable investment climate, while highlighting the enormous, but mainly untapped, potential in the country’s agricultural sector.
“The French- Nigeria Business Forum is doing a lot already, but we need to do more on food security. We cannot help but invest in another country.”
He underlined how Nigeria’s thriving financial sector could attract foreign investment, especially from the French businesses, in an effort to increase food security.
“Nigeria’s financial sector is evolving and flourishing. We are also creating grounds for investment in Nigeria’s economy for the French nationals, especially in the area of food security.
“It is our responsibility to put together a food security programme for the private sector to come and invest in the country.
“We are working on stability and we are getting closer and closer, but we can do better,” he stated.
President Tinubu assured that Nigeria’s economy was being repositioned for more Foreign Direct Investment (FDI) that will directly impact the livelihood of the citizens.
“I can assure you that Nigeria is open for business and close to this, we have a vibrant youth population that is educated, and ready to be trained in various areas of entrepreneurship and development,” he said.
The President implored the French Government to extend to Nigeria training that would develop the youthful population.
“Furthermore, we should de-risk the opportunities in the solid minerals. We have the potential and we have agreed on a deeper relationship,” the President added.
President Tinubu noted that Nigeria, like most African nations, had been preoccupied with tackling issues of food security.
“A starving nation will not care about weather or environment, and in the 21st century, no child should go to bed hungry,” he told the French President, and his delegation.
“If an African child is given a glass of milk in a class, there will be no problems in getting him to return and stay in school to learn. The more educated the children are, the better it is for us,” President Tinubu said.
On security, Tinubu noted that there was a need for collective responsibility to fight terrorism.
“Nigeria is a partner in progress. We are ready to partner with France so that we can have security operations that will stop the challenge of migration,” he noted.
The President said the blue economy in Nigeria also provides a huge opportunity for investment, with unexplored potential in fishery.
“In Lagos, we have tamed the Atlantic ocean. For us, fishery is an important aspect of investment.
“We want to assure the French investment community that Nigeria is open for business. It shall be easy in, and easy out,” the President noted.
President Macron acknowledged President Tinubu’s state visit as a milestone heralding deeper bilateral relationships, particularly emphasising collaborative growth in creative industries and youth-focused initiatives.
He noted that the global humanitarian challenges could only be solved with governments working together.
“We have confidence that you, Mr. President, will reinforce our relationship with Nigeria, and it will cover the West Coast region, with the Economic Community of West African State (ECOWAS) playing the leading role.
“I will seek your leadership to work as partners in progress. You are the great leader of the great country in Africa.
“We appreciate your visionary leadership and energy in transforming the economy of your country. We will work together for collective, global success,” he said.
President Macron had earlier assured that he would encourage more investments in the solid minerals sector, with the signing of an agreement, during a political meeting where the Minister of Solid Minerals Development, Mr. Dele Alake, made a presentation on the potential in the sector.
Earlier, President Tinubu and First Lady, Oluremi Tinubu, were welcomed with full honours at Hotel Les Invalides and Palais De l’Élysée by President Macron and his wife, Brigitte Macron.
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