Uba Sani: Tinubu’s reforms stabilised Nigeria’s economy, opened doors for investments

Kaduna State Governor Uba Sani has commended President Bola Tinubu for stabilising Nigeria’s economy and positioning the country for stronger international partnerships.

Sani said this while highlighting the gains of Tinubu’s official visit to Brazil.

Sani, who was part of the presidential entourage, said the visit signals the growing global recognition of Nigeria’s economic potential.

“When you look at the time he came in, a lot of investors globally didn’t want to come to Nigeria to invest. 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,” the governor said in an interview with TVC News.

He stated that Tinubu’s decision to clear the $7 billion foreign exchange backlog was the turning point that reassured international investors of Nigeria’s 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,” Sani added.

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Governor Sani also underscored the strategic significance of the Brazil visit, noting that discussions with President Luiz Inacio Lula da Silva covered agriculture, renewable energy, skills development, and aviation investment.

“I’m happy that President Bola Ahmed Tinubu established a very important relationship with the Brazilian President, Lula da Silva. It’s a relationship established on the basis of mutual respect and opportunities that will certainly be achieved within a short period,” Sani said.

On the domestic front, Sani stressed Kaduna State’s leadership role in agriculture and livestock development, stating that his administration had raised the agriculture budget from 0.9 per cent to 12 per cent to align with the Malabo Declaration.

“We are working to transform agriculture to create jobs, address poverty, and increase productivity,” the governor added.

He expressed confidence that Tinubu’s economic stabilisation efforts, coupled with strategic international partnerships, will accelerate Nigeria’s growth across key sectors.

The Star