Our Reforms Has Attracted Direct Foreign Investments Worth More Than $30 billion In The Last Year - President Tinubu

Posted by Amarachi on Tue 01st Oct, 2024 - tori.ng

President Tinubu stated that if the country does not correct the fiscal misalignments that led to the current economic downturn, it would be faced with the peril of unimaginable consequences.

President Bola Tinubu has disclosed that the reforms of his administration have in the last year attracted over $30 billion in investments.

While delivering his nationwide speech to mark Nigeria's 64th Independence day celebration, President Tinubu stated that if the country does not correct the fiscal misalignments that led to the current economic downturn, it would be faced with the peril of unimaginable consequences.

He said;

‘’The economy is undergoing the necessary reforms and retooling to serve us better and more sustainably. If we do not correct the fiscal misalignments that led to the current economic downturn, our country will face an uncertain future and the peril of unimaginable consequences.

Thanks to the reforms, our country attracted foreign direct investments worth more than $30 billion in the last year.''

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