Biden and Tinubu
Tinubu seeks US support for economy, accepts Biden’s UNGA invitation
President Bola Tinubu on Saturday advised Molly Phee, the U.S. presidential envoy and assistant secretary of state for African affairs, to ensure that U.S. policy is intentionally collaborative to deepen democracy in Africa, at a time when they are under assault by anti-democratic forces within and outside of the continent.
The President stated this on Saturday when he hosted Phee at the Presidential Villa, Abuja
The President noted that American-backed development finance and multilateral institutions, which were designed to support war-torn Europe after World War II, require swift and comprehensive reform to meet the developmental requirements of younger democracies in Africa which operate in authoritarian-crowded environments.
He declared that such efforts will help to ensure that legitimate yearnings of Africans would no longer be manipulated to serve the narrow aims of self-seeking demagogues through unconstitutional takeovers of power.
“Yes, the private sector will lead the way within an enabling environment we create for them, but the U.S. Government must be innovative in its thinking and systematically create incentives for U.S. industrial investment in Nigeria.
“Under my leadership, Nigeria stands ready to address their specific regulatory, tax and environmental concerns. I am determined to create prosperity for all Nigerian families,” the President declared.
READ ALSO:
The Nigerian leader affirmed that the crisis in Niger Republic would not deter him from concluding his economic reform programme successfully for the benefit of Nigerians and that he takes a queue from no nation, but will only advance the interest of the Nigerian state in his approach toward ECOWAS’ handling of the regional standoff.
“We are deep in our attempts to peacefully settle the issue in Niger by leveraging on our diplomatic tools. I continue to hold ECOWAS back, despite its readiness for all options, in order to exhaust all other remedial mechanisms. War is not ideal for my economic reforms, nor for the region, but the defense of democracy is sacrosanct. The ECOWAS consensus is that we will not allow anyone to insincerely buy time,” the ECOWAS Chairman affirmed.
Pledging its support for the position of ECOWAS, the U.S. Special Presidential Envoy expressed the high regard the U.S. Administration has for the leadership of the Chairman of the ECOWAS Authority of Heads of State and Government, President Bola Tinubu, and extended an exclusive invitation from U.S. President Joe Biden to meet on the sidelines of the United Nations General Assembly in New York City to advance discussions further in late September.
READ ALSO:
“We know there is more we can do to incentivise large-scale American investment in Nigeria and we are committed to working closely with you to achieve that, as part of efforts to strengthen the Nigerian economy and the regional economy.
While appreciating the Nigerian leader for his willingness to create an enabling environment for democracy to thrive, the American envoy said ” President Joe Biden is asking to meet with you on the sidelines of UNGA and you are the only African leader he has requested to meet. It is a mark of his high regard for your leadership,”
The President concluded that he accepts the invitation to meet the U.S. President on the sidelines of the UN General Assembly and that the work of perfecting democracy is never done, even in developed democracies, as seen recently in America, as well as other emerging democracies in the world.
CBN fines bank found hoarding cash N150m The Central Bank of Nigeria (CBN) has imposed…
Lagos-Calabar coastal road: Train track work begins 2025, says minister The Federal Government plans to…
Three days to Christmas, food prices, transport fares hit the roof According to the Universal Declaration of Human…
Three Ogun varsity students die in auto crash The Police Command in Ogun State has…
Dangote, MRS agree to sell petrol at N935/litre nationwide Dangote Refinery has announced a partnership with…
How another Nigerian was allegedly murdered by four South Africans The Nigerian Citizens Association in South Africa…