The President gave the assurance on Monday in Brasília during a meeting with ministers of both countries and members of the Brazil Business Group, stressing that Nigeria’s economic landscape remains a vast, untapped market full of opportunities for Brazilian companies.
“The reforms I’ve embarked upon since I took over in Nigeria have been very impactful. It was initially painful, but today the result is blossoming. It’s getting clearer to the people. We have more money for the economy, and there will be no more corruption.
“We have the governor of the Central Bank of Nigeria here. You don’t have to know him before getting the foreign exchange you need. The speculators are out. In our currency market, the door is open for businesses,” President Tinubu said.
The Nigerian leader recalled his previous engagements in Brazil and underlined the urgency of moving beyond symbolic ties to concrete economic cooperation that will yield lasting benefits for both nations.
“Honourable Ministers of both countries, members of the Brazil Business Group, I have listened carefully to my friend, President Lula. We had a lengthy discussion. We talked about history and about African and Brazilian heritage.
“We tried to see why we are not at the level we wanted. We have allowed some problems and activities in the past to deter us from making progress and fulfilling our promises. But today we say that is the end of that,” he said.
President Tinubu further reflected on his frequent engagements with Brazil, noting that this state visit represents a significant milestone in the relationship between the two countries.
“This is my third visit to the country. First, the visit to attend the G20. Second, on climate change, BRICS. And today, an official and state visit was very emotional,” he stated.
A statement by the Presidential Spokesperson, Mr. Bayo Onanuga, said President Tinubu attended a state luncheon hosted at the Itamaraty Palace, where discussions centred on deepening economic cooperation, enhancing trade, and fostering innovation-driven partnerships.
With the signing of new bilateral agreements and the President’s assurances to investors, Nigeria and Brazil are expected to expand economic collaboration, opening fresh opportunities for sustainable growth, technology exchange, and stronger South-South cooperation.
PIAK