The Federal Government has said Nigeria will take full advantage of the upcoming France-Nigeria Business Forum in Paris to highlight the significant economic progress achieved under President Bola Ahmed Tinubu’s administration.
Information and National Orientation Minister, Mohammed Idris dosclosed this in Abuja on Friday when he received the invitation to the forum by French Amb. to Nigeria, Marc Fonbaustier, during a courtesy visit to his office.
Idris who reaffirmed that President Tinubu’s reform agenda is delivering tangible results, cited the reduction in food prices and the stabilization of the Naira as clear indicators of the administration’s economic progress.
“This year, 2025, is the year of economic and social consolidation of the Nigerian nation as promised by Mr. President. As you have heard severally, the economy is beginning to turn the corner. Food prices that were hitherto higher are beginning to come down.
“The exchange rate is beginning to show signs of stability and all reform agenda of Mr. President that he has embarked upon are beginning to show signs that they are really getting desired attention and that by God’s grace, we will reach our destination,” he said.
“Every country that has embarked on any kind of social and economic reform will go through some turbulence and I think that our own incubation period has been shortened by the kind of pragmatism, the focus, determination and conviction that President Bola Ahmed Tinubu has that this reform will indeed take Nigeria on the path of sustainable prosperity,” he said.
Idris described France as a key ally of Nigeria and called on the French govt to support President Tinubu’s ongoing reform efforts to further strengthen economic and bilateral relations.
According to the statement released by his aide, the Minister assured the visiting envoy that Nigeria remains committed to fully implementing all Memoranda of Understanding signed with the French government during President Tinubu’s visit to France.
Idris also commended Ambassador Fonbaustier for his dedicated efforts in strengthening the ties between Nigeria and France within the short period he was posted to Nigeria.
In his remarks, Ambassador Fonbaustier stated that his visit to the Minister was aimed at developing a roadmap for implementing the agreements reached between Presidents Macron and Tinubu during the latter’s visit to France last year.
“We have to ensure that there is a practical follow up of the State Visit of President Bola Tinubu in Paris in November.
“The two presidents have set up together an ambitious roadmap so that we can scale up the partnership and in that regard, communication and information are crucial and where France can provide hopefully some support, capabilities and know-how,” he said.
Ambassador Fonbaustier described the Minister as a game changer in Nigeria’s public communication and emphasized that his profile and strategic role in the Tinubu administration make him the ideal figure to promote Nigeria’s vast economic potential and investment opportunities to the business leaders from France, who are set to convene in Paris on April 10, 2025, for the France-Nigeria Business Forum.