Nigeria Seeks Stronger Economic Partnership with France: Tinubu Meets Macron
President Bola Ahmed Tinubu has called for increased French investment in key sectors of Nigeria’s economy, including food security, solid minerals, education, defense, and energy. During a high-level meeting with French President Emmanuel Macron at the Palais de l’Élysée on Thursday, Tinubu emphasized Nigeria’s readiness for business and its commitment to fostering a conducive environment for foreign investors.
Highlighting ongoing efforts to strengthen ties between both nations, Tinubu praised the contributions of the French-Nigeria Business Forum but stressed the need for greater collaboration, particularly in addressing food security challenges.
“The French-Nigeria Business Forum is already doing significant work, but we need to intensify efforts, especially in ensuring food security. Investment in each other’s countries is not just an opportunity—it’s a necessity,” he remarked.
Tinubu underscored the growth and dynamism of Nigeria’s financial sector, positioning it as a key enabler of foreign direct investment (FDI). He invited French enterprises to explore opportunities in the Nigerian economy, especially in agriculture and food security.
“It is our responsibility to establish a robust food security program that attracts private sector investment. We are making strides toward stability, but we know we can achieve even greater results,” Tinubu stated.
Boosting Economic Growth and Youth Development
President Tinubu affirmed his administration’s commitment to repositioning Nigeria’s economy to attract FDI, which he said would directly improve citizens’ quality of life. He highlighted the country’s vibrant and educated youth population as a critical asset in fostering entrepreneurship and economic development.
“Nigeria is open for business. We have a dynamic, educated youth population eager to be trained in various areas of entrepreneurship and innovation. With their energy and potential, we can transform the landscape of our economy,” he said.
Tinubu also urged France to support Nigeria in youth training programs and called for strategic partnerships to unlock the country’s vast solid mineral resources. “We must de-risk opportunities in the solid minerals sector. Nigeria has immense potential, and we are working to deepen our partnership with France to tap into these resources,” he added.
Addressing Food Security and Education
President Tinubu emphasized the urgency of addressing food insecurity in Nigeria, noting its impact on broader development goals. He pointed out the role education plays in breaking cycles of poverty and hunger.
“In the 21st century, no child should go to bed hungry. A child with access to proper nutrition, like a glass of milk in school, is more likely to stay in school and learn. An educated population is the cornerstone of our future,” he explained.
Security and Migration Challenges
On security, Tinubu called for collective action to combat terrorism and address the migration crisis. He invited France to collaborate on security initiatives to ensure stability in Nigeria and the West African region.
“Nigeria stands as a partner in progress. Together, we can develop security operations that address migration challenges and strengthen regional stability,” he noted.
Tinubu also highlighted Nigeria’s blue economy as a significant area for investment, particularly in fisheries. He cited Lagos’ achievements in taming the Atlantic Ocean as a testament to Nigeria’s readiness for large-scale investment.
“For us, fisheries represent a critical opportunity for investment. We want French investors to know that Nigeria offers a business-friendly environment—easy entry and easy exit,” he added.
Macron’s Confidence in Tinubu’s Leadership
President Macron expressed gratitude for Tinubu’s visit, praising his leadership and vision for economic transformation. He reiterated France’s commitment to working with Nigeria to foster regional stability and economic growth.
“Mr. President, we have confidence in your ability to lead not only Nigeria but also the Economic Community of West African States (ECOWAS). Your leadership inspires confidence among French and global leaders alike,” Macron said.
He also pledged France’s partnership in achieving shared goals of progress and prosperity. “You are a great leader of a great African nation. Together, we will work toward collective success on the global stage,” Macron concluded.
Conclusion
The meeting underscored the strong relationship between Nigeria and France and opened doors for deeper collaboration in critical areas such as food security, solid minerals, and defense. With commitments from both leaders, the stage is set for enhanced economic and security partnerships that will benefit both nations.
