President Bola Tinubu recently addressed the challenges he inherited—both liabilities and assets—from his predecessor, Muhammadu Buhari. In a meeting with Mansur Muhtar, the Vice President (Country Programs) of the Islamic Development Bank in Mecca, Saudi Arabia, Tinubu expressed his determination without resorting to excuses. His spokesperson, Ajuri Ngelale, conveyed this message in a statement issued on Tuesday.
Tinubu acknowledged the presence of serious liabilities but underscored the importance of focusing on opportunities for smart investors across various sectors. Despite potential obstacles such as limited access to finance and guarantees, Tinubu sees these challenges as areas where strategic partnerships can thrive.
In his own words, Tinubu stated, “We inherited serious liabilities, but also assets from our predecessors. We do not make any excuses. There are several sectors replete with investment opportunities for smart investors.”
He went on to emphasize the critical role of financial support and guarantees, identifying them as potential hindrances in certain cases. Tinubu sees the Islamic Development Bank as a crucial enabler in overcoming these obstacles and has expressed eagerness to expand and enhance the existing partnership.
“We see you as a critical enabler. You have partnered with us before. We want to scale it up now and do much more with greater ambition, and a clearer vision,” Tinubu added.
