President Bola Tinubu is set to depart for Paris on Wednesday for a short working visit to review his administration’s mid-term performance and assess key milestones, his spokesman, Bayo Onanuga, announced in a statement.
According to the statement, Tinubu will use the retreat to evaluate the progress of ongoing reforms and engage in strategic planning ahead of his administration’s second anniversary. “This period of reflection will inform plans to deepen ongoing reforms and accelerate national development priorities in the coming year,” the statement said.
It highlighted recent economic improvements, noting that the Central Bank of Nigeria reported a rise in net foreign exchange reserves to $23.11 billion, a significant increase from $3.99 billion in 2023. The administration views this as a sign of its fiscal reforms taking effect.
Onanuga added that while in Paris, Tinubu will remain actively engaged with his team and continue overseeing governance. He is expected to return to Nigeria in about two weeks.
Nigeria and France maintain a strong bilateral relationship, collaborating on economic, security, and cultural initiatives. France is a key trading partner and investor in Nigeria, with both countries working together on security and development efforts.