Bola Tinubu and Brazil President Lula Da Silva (both standing) during bilateral talks
Uba Sani, governor of Kaduna, says President Bola Tinubu has stabilised and restored investor confidence in the nation’s economy.
Sani, who was part of the federal government delegation to Brazil, said the visit has strengthened Nigeria’s profile in the global economic space.
Speaking in an interview with TVC News, the governor said the reforms introduced by Tinubu have created opportunities for local and international investors.
“When you look at the time he came in, a lot of investors globally didn’t want to come to Nigeria to invest,” he said.
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“But some of the reforms he initiated have really opened opportunities, not only for Nigerian businessmen but also for other people who want to invest in Nigeria from across the world.”
Sani said Tinubu’s “clearance of the $7 billion foreign exchange backlog” marked a turning point in the restoration of financial credibility.
“Let me give an example before I move on: the issue of the $7 billion backlog that he was able to clear in the area of forex has really increased the level of confidence by investors who now come to Nigeria to invest,” he added.
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The Kaduna governor said discussions with President Lula da Silva of Brazil focused on agriculture, renewable energy, aviation, and skills development.
“I’m happy that President Bola Ahmed Tinubu established a very important relationship with the Brazilian President, Lula da Silva,” Sani said.
“It’s a relationship established on the basis of mutual respect and opportunities that will certainly be achieved within a short period.”
He said Kaduna has increased its agriculture budget from 0.9 percent to 12 percent to align with the Malabo Declaration.
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“We are working to transform agriculture to create jobs, address poverty, and increase productivity,” he added.
The governor expressed confidence that Tinubu’s policies and global partnerships will accelerate growth in critical sectors.
