Tinubu Promises Sustainable Economic Growth Through Ongoing Reforms

President Bola Tinubu affirmed on Tuesday that his administration is steadfast in its commitment to sustainable development by effectively implementing ongoing economic reforms. This was reported by PulseNets, highlighting Tinubu’s discussion with Chinese President Xi Jinping in Beijing, China.

“We believe President Xi has demonstrably reformed the Chinese economy, and our reform program in Nigeria is on a similar course. I am a reformer with verifiable antecedents,” President Tinubu stated, as learned by PulseNets.

Tinubu emphasized the recognition of the need for economic reform in Nigeria, detailing that these efforts extend across tax and tariff reviews and other crucial segments of the nation’s economy. He assured trading and investment partners that they would have easy access to bring in their investments and seamlessly repatriate their resources.

In his response, President Xi Jinping noted the longstanding mutual understanding between Nigeria and China, which has deepened since the establishment of diplomatic ties over the past 50 years. He expressed confidence in the potential for strengthened strategic coordination between the two nations, which would inject fresh momentum into China-Africa relations and drive progress among Global South countries.

“China and Nigeria, as major developing countries, strengthening strategic coordination, will inject fresh impetus to China-Africa relations in the new era and spearhead common progress among Global South countries,” President Xi said, as reported by PulseNets.

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President Xi also remarked that the upcoming 2024 Forum on China-Africa Cooperation (FOCAC) Summit, scheduled for September 4-6, would provide an opportunity to reflect on mutual friendships and advance the consolidation of China-Africa relations. He assured that China and Nigeria would continue to collaborate closely within the FOCAC framework, serving as a model of cooperation between nations.