New information has surfaced about the recent encounter between President Bola Ahmed Tinubu and a group of representatives from the Bank of America.
President Tinubu welcomed the visiting officials from the Bank of America to his office in the State House on Tuesday.
In the meeting, he reiterated his administration’s dedication to introducing changes that would promote long-term economic expansion and progress within the nation.
Mr. Bernard Mensah, President of International for Bank of America, led the delegation, accompanied by Mrs. Yvonne Ike Fasinro, Head of Sub-Saharan Africa, and Mr. Chuba Ezenwa, Head of Investment Banking Sub-Saharan Africa.
According to a statement from the President’s Special Adviser on Special Duties, Communication, and Strategy, President Tinubu expressed his administration’s positive outlook on achieving success despite the challenges facing the country. He stressed that Nigeria has a responsibility not to disappoint the rest of the African continent.
“We firmly believe that we are making progress. We recognize the need for all the assistance we can get,” President Tinubu conveyed, as he sought the bank’s support and partnership to promote mutual benefits for Nigeria and the financial institution.
The President highlighted that addressing governance and development challenges in the nation necessitates fiscal and institutional reforms. He emphasized the interrelated nature of contemporary actions regarding climate change, finance, and innovation, underscoring the significance of a solid foundation and a commitment to innovation in undertaking reforms and addressing these issues.