The Nigerian president’s two-week visit to Paris would be used to review his administration’s achievements and sketch out future plans.
In a statement titled ‘President Tinubu to embark on a working visit to Paris’, Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, said “During the visit, the President will appraise his administration’s mid-term performance and assess key milestones.”
The statement also adds, “This period of reflection will inform plans to deepen ongoing reforms and accelerate national development priorities in the coming year.”
Several high-ranking government officials recently waved the Nigerian president farewell as he was escorted to the presidential jet.
As per the statement Nigeria’s Central Bank recently reported a notable increase in net foreign exchange reserves to $23.11 billion, a testament to the administration’s fiscal reforms since 2023 when net reserves were $3.99 billion.
“Recent economic strides reinforce the President’s commitment to these efforts, as evidenced by the Central Bank of Nigeria reporting a significant increase in net foreign exchange reserves to $23.11 billion—a testament to the administration’s fiscal reforms since 2023 when net reserves were $3.99 billion,” Onanuga said.
The statement further adds that while the Nigerian president is away, he would remain fully engaged with his staff and continue to monitor government activities., as reported by ChannelsTV.
This is hardly the president’s first foreign trip and more so, this is not the first time the Nigerian president would be jetting off to Paris.
This year, prior to attending the African Union (AU) Summit in Addis Ababa, Ethiopia, in February, Bola Tinubu traveled privately to France.
There, he spoke with French President Emmanuel Macron, concerning enhancing Nigeria-France commercial relationships, investment prospects, and exchanges.
Bola Tinubu and NNPC
Today, it was reported that President Bola Tinubu has dismissed the board of the Nigerian National Petroleum Company (NNPC), including its Group Chief Executive Officer, Mele Kyari, and Board Chairman, Pius Akinyelure.
The Nigerian president, invoking the powers granted under Section 59, subsection 2 of the Petroleum Industry Act, 2021, cited the need for “enhanced operational efficiency, restored investor confidence, and a more commercially viable NNPC” in his decision to dissolve the Nigerian National Petroleum Company (NNPC) board.
As part of the NNPC board revamp, Bayo Ojulari has been named the new Group Chief Executive Officer (GCEO), succeeding Mele Kyari.
Furthermore, Ahmadu Musa Kida has been appointed non-executive chairman, following Pius Akinyelure, and Adedapo Segun has been confirmed as the company’s new Chief Financial Officer.
