Nigeria can no longer rely on outdated systems – Tinubu

President Bola Ahmed Tinubu has emphasized the need for the economic reforms being introduced to the country’s economy, stating that Nigeria can no longer rely on outdated belief systems and strategies.

The President spoke yesterday when he received a delegation from oil multinational, ENI, led by its Chief Executive Officer, Claudio Descalzi, at the State House, Abuja.

He acknowledged ENI’s belief in the partnership aimed at investable development rather than exploitation.

According to a statement issued by his Special Adviser on Media and Publicity, Ajuri Ngelale, President Tinubu expressed his commitment to championing change and making reforms a priority, driven by a long-term vision for Nigeria’s investment strategy.

The President said that by exploring the possibilities of innovative thinking, strategic planning, new technology, and research into best practices, his administration’s reforms will reposition the nation’s economy.

“ENI, we welcome your team again. Claudio, it is an honour for me to welcome you back to your second home, Nigeria.

“Welcome back after many years. Nigeria has improved, and I am glad that you noted that we are making changes, not because of anything else but because of a very long-term vision on our investment strategy.

“Gone are the days when we felt like the captain of several ships. We have seen conflicting strategies around the world, and we are determined to champion these changes or take ourselves ahead of those changes and make reforms a priority.

“We cannot grow today’s seed with yesterday’s belief system. We have to continuously be intellectually inquisitive and reform ourselves and our way of doing things. We count on your efforts.

“And we see the effect of your belief in our partnership, not for exploitation, but for investable development. Africa is not in a begging mode but in an accelerated mode to compete and take its place with the rest of the world,’’ the President stated.

Loading

LEAVE A REPLY

Please enter your comment!
Please enter your name here