President Bola Tinubu has mentioned Nigeria is well-positioned to energy the clear vitality way forward for Europe and the world with its high-grade lithium deposits.
Talking throughout a gathering with Prime Minister Mark Rutte of the Netherlands at his official residence, referred to as The Catshuis in The Hague, on Thursday, the President in a press release by presidential spokesman, Ajuri Ngelale mentioned Nigeria gives immense alternatives throughout a pool of sectors and that his administration is deepening reforms to reinforce the funding local weather.
He mentioned Nigeria seeks strong, balanced, and mutually useful partnerships that may result in value-addition in areas like stable minerals.
“Taking a holistic view of the world order, there’s a super alternative between us throughout commerce spheres however particularly in stable minerals, the place we’ve high-grade lithium deposits that we all know can energy the clear vitality way forward for the world. There’s glorious value-additive alternative in Nigeria. The world is aware of us for oil. They are going to quickly know us for better revolutionary exploits in different areas.
“We now have an especially dynamic youth inhabitants in Nigeria. It’s a younger nation. 70% of our persons are below the age of 30, and after we are referring to 200 million plus residents, it represents each an enormous workforce and an enormous marketplace for Dutch and different worldwide buyers.
“If our younger individuals know they will obtain a very good future in Nigeria, they’ll keep house and construct our nation to greatness. Lawful migration of skilled Nigerian minds and arms will probably be a profit to Europe, and irregular migration will not be a supply of concern in Europe if we accomplice successfully.
“That is what we wish and it’s why we’re adamant about offering pupil loans and new credit score alternatives to not solely improve the abilities of our individuals but additionally to make sure that they will entry a better high quality of life inside their reputable incomes. We’ll remodel our financial system, and our younger individuals would be the motive why,” the President said.
President Tinubu asserted that Nigerians have super confidence in themselves and that his confidence within the Nigerian individuals gave him the braveness to take tough choices on their behalf, given his full consciousness of the necessity to give Nigerians the long-term instruments they should succeed.
“I’m a decided chief of my individuals. I’ve and can proceed to take the tough choices that may profit our individuals, even when there may be short-term ache. We now have gone by way of the worst of the storms. I’m unafraid of the implications as soon as I do know that my actions are in one of the best long-term pursuits of all Nigerians.
“The Nigerian Naira is without doubt one of the world’s greatest performing currencies right this moment. We took the mandatory threat, and all resilient Nigerians saved religion with us. They are going to be rewarded, and the reward will solely be better as we accomplice successfully with you on new oppportunities for improvement. As leaders, we should take choices for the advantage of our nations, and we can not shrink back from that,” the President mentioned.
The Prime Minister of the Netherlands famous that President Tinubu’s financial reforms have engendered better confidence within the Nigerian financial system by worldwide buyers and that Dutch buyers have activated one other set of $250 million price of latest investments over the subsequent few months, together with a $100 million funding in a waste-to-wealth industrial facility in Lagos State.
“You might be selling democratic governance and the options it could possibly herald coping with issues of improvement. I noticed the way you went by way of democratic channels to take away an incumbent president in 2015 in partnership with President Buhari and the way that has led to improvement in your nation.
“I noticed you’re taking the brave resolution to cope with gasoline subsidies and different reforms, and we’re interested by what allowed you to take the selections that many earlier than you would not take. And also you took these choices early in your time period. It exhibits uncommon willpower. And your stand in ECOWAS, all of those level to your dedication in management,” the Prime Minister said.
Tinubu additional expressed his agency dedication to develop the developmental partnership between the European Union (EU) and Nigeria, noting that symbiotic financial ties stay one of the best long-term path to sustainable and mutual prosperity relatively than one-sided relationships wherein bilateral commerce is skewed an excessive amount of in a single path.