The President of Nigeria, Bola Tinubu rang the closing bell at the Nasdaq Stock Market in New York on Wednesday night as he called on the United States business community to invest in Nigeria’s economy which he described as a ‘bubbling market’.
Tinubu, who is attending the ongoing 78th session of the United Nations General Assembly, was accompanied to the bell ceremony by the President of the U.S.-Africa Business Center (USAfBC) at the U.S. Chamber of Commerce, Scott Eisner.
Africa Today News, New York reports that the closing bell ceremony, held at the seven-storey tower of the Nasdaq headquarters in New York, signifies the end of a trading session.
‘I am happy to bring Nigeria to your doorsteps and honoured that we’re here today with a bubbling maket that will evolve the West African subregion,’ Tinubu said.
“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.”
Recall that Tinubu had on Tuesday asserted that Nigeria will no longer settle for crumbs and leftovers on the world’s investment agenda, especially in relation to the energy sector.
The former Lagos State noted that the country is now more prepared for business than ever before.
He made this assertion while hosting a delegation from ExxonMobil, a global Oil and Gas transnational giant, in New York on Monday.
Tinubu noted that he is well-equipped to address issues and eliminate barriers preventing a major inflow of money into Nigeria’s oil and gas sector because of his outstanding private sector career, particularly in the oil and gas industry, and his shown track record of making difficult decisions.