President Bola Tinubu visited the Nasdaq Stock Market in New York on September 20, 2023, during the 78th session of the United Nations General Assembly.
He was accompanied by Scott Eisner, the President of the U.S.-Africa Business Center (USAfBC) at the U.S. Chamber of Commerce.
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Tinubu rang the closing bell at NASDAQ. Photo: Channels TV[/caption]
During his visit, President Tinubu rang the closing bell at the Nasdaq Stock Market and encouraged the United States business community to invest in Nigeria.
President Tinubu emphasized the opportunities in Nigeria's economy and expressed confidence in the country's economic potential,
Channels TV reports.
He mentioned the removal of certain bottlenecks, such as the fuel subsidy, which he described as corrupt. He also highlighted efforts to stabilize the exchange rate, making it more reliable and dependable.
He said: “I am happy to bring Nigeria to your doorsteps and honoured that we’re here today with a bubbling market that will evolve the West African subregion.
“The greatest economy is Nigeria. There is an immense opportunity in Nigeria that you can invest your money without fear.”
The Nigerian leader cited the removal of “a lot of the bottlenecks”, including the fuel subsidy, which he described as corrupt, adding that his administration had retooled the exchange rate to a “reliable, dependable one-figure floating of the exchange naira”.
“You are free to take in your money and bring out your money,” he continued. ” I count on you to invest in Nigeria.”
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