APC Chairman Defends Tinubu’s Foreign Trips, Says $50bn Investments Secured

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The National Chairman of the ruling All Progressives Congress (APC), Professor Nentawe Yilwatda, has praised President Bola Tinubu’s strategic international diplomacy, saying the president’s foreign engagements are already yielding significant economic benefits for Nigeria.

Yilwatda highlighted that these diplomatic efforts have secured over $50 billion in foreign direct investment (FDI) commitments, stressing that the president’s travels are not merely ceremonial but purposeful missions that position Nigeria as a prime destination for global capital.

In a statement on Tuesday in Abuja, the APC chairman said, “Mr President’s engagements with strategic global partners underscore his unwavering commitment to advancing Nigeria’s economic interests.

These visits have helped reposition our country on the world stage, yielding tangible benefits that will support long-term prosperity.”

The statement was issued through Abimbola Tooki, Yilwatda’s Special Adviser on Media and Communications Strategy.

Since taking office in May 2023, President Tinubu has undertaken high-level diplomatic missions across Africa, Europe, the Middle East, Asia, and the Americas, targeting economic powerhouses such as the United States, China, Germany, India, and Saudi Arabia.

These efforts are set to benefit critical sectors, including energy, manufacturing, agriculture, and technology.

“These are not promises on paper. These commitments represent real capital flows, job creation opportunities, and technology transfers that strengthen our economy,” Yilwatda stated.

“He also cited the Comprehensive Economic Partnership Agreement with the United Arab Emirates as a landmark deal aimed at boosting bilateral trade and cooperation in energy and infrastructure.

Addressing domestic critics who have called the president’s international itinerary excessive, Yilwatda said,

“Those who focus on the cost without recognising the returns are missing the bigger picture. Nigeria’s reform programme under President Tinubu is bold, strategic, and necessary. We urge all Nigerians to support these efforts with patience, knowing that the dividends will be felt across the economy.”

He added that the administration’s reform agenda, from economic policy shifts to institutional strengthening, demonstrates the president’s commitment to transforming the national economy


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