President Bola Ahmed Tinubu has called for increased investments across sectors to achieve sustainable and inclusive prosperity for Africa, just as he emphasized the urgent need for a clean energy transition in the continent.
Tinubu made the call in a high-profile meeting with UK Foreign Secretary, Rt Hon. James Cleverly MP, on Wednesday in Abuja.
With a focus on piping Nigerian gas to Europe as an alternative clean energy source, the President urged the UK to play a pivotal role in financing and facilitating the much-needed transformation.
The meeting marks a critical juncture in forging a dynamic partnership for security, economic growth, and most importantly, a greener future for Africa.
During the meeting, President Tinubu emphasized the historical symbiotic connection and economic ties between Africa and the UK, urging the UK government to invest more across sectors to support the continent’s development.
He called for a collaborative effort to create a competitive, technologically advanced economy that caters to the needs of all citizens.
Addressing the pressing issue of energy transition, President Tinubu stressed the importance of mobilizing investments to pipe gas from Nigeria to Europe, as gas is considered an acceptable alternative clean energy source.
He called on the UK to provide financial support and facilitate the required investments to make this initiative a reality.
President Tinubu also discussed the critical importance of security and stability in West Africa.
He highlighted the challenges posed by unstable governments in the sub-region and urged the UK government to support Nigeria in securing the region against terrorist activities.
In response, Rt Hon. Cleverly congratulated President Tinubu on his election victory and commended his bold economic reforms, including fuel subsidy removal and the establishment of multiple foreign exchange markets.
He recognized that these measures would lead to economic prosperity despite the initial challenges.
The UK Foreign Secretary expressed keen interest in encouraging more UK investments into Nigeria and acknowledged the potential for Nigeria to become a net exporter of energy and agricultural products, leveraging the country’s young, educated, and talented population.
Regarding the political situation in the Republic of Niger, Rt Hon. Cleverly pledged the UK government’s support for ECOWAS’ efforts to promote democracy and stability in the region.
The meeting concluded with both leaders reaffirming their commitment to fostering a dynamic partnership on security and economic development.
They emphasized the importance of peace and security in achieving a prosperous African continent.
By advocating for stronger cooperation and investment in clean energy transition, President Tinubu and the UK Foreign Secretary demonstrated their shared commitment to promoting sustainable development in Africa and beyond.
By Dare Akogun
