By Ola Kay
The Tinubu Media Volunteers, TMV, has said that the decision to cite the headquarters of the $5 billion Africa Energy Bank in Nigeria is an affirmation of the country as a viable investment destination.
TMV in a statement signed by its Chairman Chukwudi Enekwechi and Secretary Sunday Shedrach Gyungoun commended President Bola Tinubu for making this a reality.
The statement reads: “So much has been said about Nigeria and foreign investments, but the decision by the African Petroleum Producers Organisation (APPO) to select Nigeria over South Africa, Ghana, Algeria, Cote D’Ivoire and Benin is a reflection of the country’s improved attraction power on the watch of President Tinubu.
“Clearly, our country remains a choice destination for foreign investments in Africa and we are convinced that we won the right to host the headquarters of the $5 billion African Energy Bank based on the proactive and visionary leadership of the President.
“It is, for us, a positive proof of President Tinubu’s strength in lobbying and international politicking and a sign that there is a lot more to come for the Nigeria under this administration.
“We also note that with Nigeria hosting the bank headquarters, the country, stands to benefit immensely, in the area of huge Foreign Direct Investments (FDIs) and an increase in foreign exchange inflow as a result of transactions between major players in Africa’s energy sector.”
The group added that, among other benefits , the presence of the bank will make Nigeria a financial hub for the energy industry players in Africa, apart from being a major boost to the country’s standing as an investment destination.
It emphasized that the feat will make the rest of the world see the bigger picture of the immense investment opportunities available in the country.
The group called on the Nigerian citizens to continue to support the Tinubu administration in its efforts to reposition the country and rejuvenate the economy.
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