Nigeria’s President, Bola Tinubu, on Wednesday travelled to Paris, France, on a “short working visit.”
In a statement, Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, said Tinubu will use the period of his stay in Paris to assess his administration’s midterm performance and key milestones.
Join our WhatsApp ChannelThe presidential spokesman added that Tinubu would also use the period to “review the progress of ongoing reforms and engage in strategic planning ahead of his administration’s second anniversary.”
He added that the reflection will inform plans to deepen ongoing reforms and accelerate national development priorities in the coming year.
Onanuga further noted that the recent report by the Central Bank of Nigeria about a significant increase in net foreign exchange reserves has reinforced the President’s commitment to efforts in implementing the economic reforms.
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In its latest economic report, the CBN reported that Nigeria’s net foreign exchange reserves increased to $23.11 billion in 2024 from $3.99 billion in 2023. Onanuga claimed that this is a testament to Tinubu’s administration’s fiscal reforms.
“While away, President Tinubu will remain fully engaged with his team and continue to oversee governance activities,” Onanuga added.
The presidential aide said Tinubu will return to Nigeria in two weeks.
Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.