The National Chairman of the All Progressives Congress (APC), Prof. Nentawe Yilwatda, has said President Bola Tinubu’s overseas engagements are already translating into tangible economic benefits for Nigeria, citing rising investment commitments and stronger diplomatic ties.
Prof. Yilwatda made this known in a statement issued on Tuesday by his Special Adviser on Media and Communications Strategy, Abimbola Tooki, amid growing criticism from opposition figures over the president’s frequent foreign travels.
The APC national chairman said that the overseas trips are not ceremonial but carefully planned diplomatic missions aimed at repositioning Nigeria within the global economic system and attracting foreign capital critical to national development.
He noted that while critics have described the travels as extravagant, such views fail to appreciate the long-term economic value of high-level international engagement.
“The president’s engagements with global leaders and investors underscore his commitment to advancing Nigeria’s economic interests,” Prof. Yilwatda said.
“These visits have helped restore confidence in Nigeria and are already yielding measurable outcomes that will support sustainable growth.”
Read Also:
- Revealed: How Tinubu, Shettima, Akpabio, Abbas escape death in alleged Military Coup
- Sowore exposes Tinubu calling Obasanjo, Jonathan unprintable names in explosive vdeo in court
- Tinubu hail Afrobeat legend Fela’s legacy after Grammy Award
Since assuming office in May 2023, Tinubu has undertaken foreign trips across Africa, Europe, the Middle East, Asia, and the Americas, holding talks with governments and investors from countries including the United States, the United Kingdom, France, Germany, China, India, Saudi Arabia, Qatar, and Brazil.
Prof. Yilwatda explained that the engagements have largely focused on trade expansion, economic cooperation, and strategic partnerships, adding that Nigeria has secured more than $50 billion in foreign direct investment commitments as a direct result of the president’s diplomatic outreach.
He said the pledged investments span key sectors such as energy, manufacturing, agriculture, logistics, technology, and infrastructure, with expectations of job creation, technology transfer, and increased capital inflows.
“These are not abstract promises,” he stressed. “They are investment commitments that will stimulate economic activity and strengthen Nigeria’s productive base.”
The APC national chairman also highlighted recent diplomatic milestones, including the comprehensive economic partnership agreement signed with the United Arab Emirates, which is expected to deepen cooperation in areas such as trade, energy, and agriculture.
Dismissing claims that the president’s travels are excessive, Prof. Yilwatda described such criticism as shortsighted, insisting that sustained international engagement is essential for economic recovery and long-term national prosperity.
He added that Tinubu remains focused on leveraging global partnerships to drive growth, improve living standards, and reposition Nigeria as a competitive destination for investment.
