President Bola Ahmed Tinubu has said that Nigeria’s young population could remove him from office if his administration fails to tackle the country’s economic problems.
Tinubu made the remark on Thursday at the Africa CEO Forum, where he acknowledged the growing impatience among Nigerian youths over the state of the economy.
“We have a very dynamic youthful population, restless and not ready to accept any excuses. As a politician, if I don’t prepare them for that, they will vote me out,” the President said.
Speaking on the economy and investment climate, Tinubu highlighted reforms carried out during his time as governor of Lagos State, especially in tax administration.
“Lagos is the fifth-largest economy in Africa. I’m very proud of the legacy I left behind there, and I’m still monitoring it,” he stated.
The President also stressed that reducing bureaucratic obstacles would help attract more foreign direct investment into the country.
“This year alone, I can beat my chest that Nigeria is attracting close to $20 billion in foreign direct investments,” he said.
According to Tinubu, investors are more likely to commit funds in an environment built on transparency and accountability.
“Investment is very cowardly unless you are transparent, accountable and forthright. Part of that is Africa looking at itself, putting our resources together so we can go out there and negotiate for ourselves,” he added.
Tinubu further disclosed that he had written an article in the Financial Times discussing international rating agencies.
