Economy

President Tinubu Departs for Abroad

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President Bola Ahmed Tinubu will depart today for Paris, France, on a short working visit. The visit will focus on assessing the administration’s midterm performance, reviewing ongoing reforms, and engaging in strategic planning ahead of the second anniversary of his presidency.

During the visit, President Tinubu will appraise key milestones and reflect on the progress of reforms, particularly in the economic sector.

Recent positive economic data, including a significant increase in net foreign exchange reserves to $23.11 billion (from $3.99 billion in 2023), reflects the administration’s commitment to fiscal reforms. This reflection period will inform plans to deepen reforms and accelerate national development priorities in the coming year.

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While abroad, President Tinubu will maintain close communication with his team and continue overseeing governance activities. He is expected to return to Nigeria within a fortnight.

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