Forget Nigeria’s corruption, giant of Africa down with elephantiasis perception, Tinubu woos Arab investors

President Bola Tinubu on Saturday wooed Arab investors to come to invest in Nigeria, telling them to “forget” Nigeria’s damaged perception as corrupt and the giant of Africa plagued with elephantiasis.
“Perception of Nigeria has been that of layback corruption and giant of Africa with elephantiasis. But that’s is gone. The realisation of that hope is here. The belief is here. The change of the perception is right here,” said Mr Tinubu.
“Forget the categorisation of corruption. Forget it. It will happen no more. Don’t give and don’t take. We are here as a team to change that perception,” Mr Tinubu added.
The president spoke at a Nigeria-Saudi Investment Roundtable with captains of Saudi Arabian Industry in Riyadh.
Mr Tinubu added that Nigeria is blessed “with a large population. This population is full of can-do attitude young, vibrant and well-educated human capacity. Equally, Nigerian consumer is necessary for the economic growth of the continent. So the elephantiasis is cured from this moment on.”
Recently, Mr Tinubu, during a bilateral meeting with the German Chancellor Olaf Scholz and his entourage in the Presidential Villa, Abuja, admitted Nigeria’s economy was “crawling”.
Since assuming office, Mr Tinubu, who has a certificate forgery scandal hanging on his neck, has appointed persons with corruption cases into his government, raising doubt about his seriousness in tackling corruption.
Former Kebbi Governor Atiku Bagudu, now budget and national planning minister, was a bagman for the former military dictator, whose loot is still being recovered from other countries. Nigeria recently got another tranche of $150 million Abacha loot from France last month.
On November 3, Peoples Gazette reported how Mr Tinubu appointed Aisha Rimi, previously indicted by the Economic and Financial Crimes Commission (EFCC) for the alleged diversion of Lagos state government funds to the tune of N3 billion, as CEO of the Nigerian Investment Promotion Commission (NIPC).
Indicted for fraud, Mrs Rimi signed an MOU with Saudi Arabia as a member of Nigeria’s delegation to Saudi Arabia-Africa Summit, where Mr Tinubu told investors to forget corruption and invest in Nigeria.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

NationWide
APC names Yari, Alake, Idris as only campaign council spokespersons.
According to the statement, all previously announced spokespersons will now be absorbed into the media directorate.

States
Kaduna WEE Policy: Group seeks N5 billion allocation in 2027 budget
The director noted that effective implementation would help address economic and socio-cultural barriers confronting women.

Economy
Tax expert seeks independent agency to strengthen revenue accountability
He advocated the introduction of taxation studies into senior secondary schools and tertiary institutions.

States
ADC no threat to Tinubu’s re-election: NPA Chairman
Mr Adeyeye said Mr Atiku’s problems were worsened by a lack of support from his home state.

States
Newly inaugurated five Lagos CNG stations to fuel 8,400 vehicles daily, says MDGIF
Mr Adama urged transport operators, fleet owners, businesses and public institutions to take advantage of the facilities.

States
Suspected Kano burglar nabbed, 222 phones, laptop recovered
The police said the suspect would be charged to court upon completion of investigation.





