President Bola Tinubu is seeking a strategic partnership with Bank of America to bolster Nigeria’s economic recovery efforts.
During a meeting with Bank of America officials at the presidential villa in Abuja, Tinubu expressed his commitment to positioning Nigeria as a leader in Africa and emphasized the need for external support.
Tinubu acknowledged the challenges facing the country but remained confident in his administration’s ability to succeed.
He highlighted the importance of fiscal and institutional reforms in addressing governance and development challenges.
Recognizing the interconnectedness of climate change, finance, and innovation, he stressed the significance of a solid platform and innovative solutions.
The President appealed to Bank of America and other financial institutions to assist Nigeria in various areas.
He specifically mentioned the potential for collaboration to enhance Nigeria’s global competitiveness in the gas sector, which could generate alternative revenue streams.
In response, the leader of the Bank of America delegation, Mr. Bernard Mensah, expressed enthusiasm for the steps taken by the new administration in Nigeria.
He affirmed the bank’s willingness to support the country in overcoming immediate and long-term challenges, not only through financial assistance but also by contributing ideas.
Accompanying Mensah were Mrs. Yvonne Ike Fasinro, Head of Sub-Saharan Africa, and Mr. Chuba Ezenwa, Head of Investment Banking Sub-Saharan Africa.
While the details of the strategic partnership were not disclosed, the meeting signals President Tinubu’s determination to attract international support and expertise to drive Nigeria’s sustainable growth and development