As President Bola Ahmed Tinubu steps on the world stage, his early international engagement, his business history and record in governance maybe the first
The summit could not have come at a better time as Tinubu became president at a period Nigeria’s finances happen to be in bad shape, with a debt burden of N50trn and debt servicing gulping more than 90 percent of the country’s revenue in the last one year.
Odile Renaud-Basso said it would be a mistake for the development bank not to invest in Nigeria, after considering six potential economies for investment. He said, ‘’Any closer relationship with France will be in Nigeria’s interest because of France’s close relations with Tchad, Niger, Cameroons and Benin which are already closely linked with Nigeria in the fight against Boko Haram.
He opined that President Tinubu does not need France as a go between to establish security alliances with Niger, Chad, Guinea or any other Francophone country, saying previous administrations have done that.” Chagoury, will however, not be the only one competing for Tinubu’s ears on behalf of business interests and countries seeking to invest in Nigeria or benefit from its open borders and other policies.
Osuntokun, the former director general of NIIA sees Bakari’s appointment a recognition of the reality of Nigerian politics and the cultural bond between Nigeria and Benin, and between the Yoruba of Benin and that of Nigeria. On the possibility of Tinubu making concessions to subsidize Benin Republic economy, Osuntokun said, ‘’there is no reason why Cotonou and Lagos and Lekki ports should not thrive together if well -coordinated.
Speaking with LEADERSHIP Sunday, the Ambassador of Liberia to Nigeria, Dr Al -Hassan Conteh called for significant improvement in the volume of trade between both countries, especially now that President Bola Tinubu has indicated interest to grow business with many countries.
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