We have secured $30 billion in Foreign Direct Investment - President Tinubu

President Bola Tinubu says within the first nine months of his administration, Nigeria has secured $30 billion worth of Foreign Direct Investments to support the country's economy.

 

The President stated this during the 2023 Leadership Annual Conference and Award held in Abuja on Tuesday, March 5. 

 

Represented by Minister of Information and National Orientation, Mohammed Idris, the President said;

“Since we assumed office in May 2023, we have attracted $30 billion in Foreign Direct Investment (FDI) commitments into the real sectors of the economy, including manufacturing, telecoms, healthcare, oil and gas, and others.

 

Those investments have already started coming into the country. Just a few days ago, I was in Qatar on an official visit, where the Emir assured that a senior government delegation would visit Nigeria after Ramadan.

 

I have asked the Minister of Finance and Coordinating Minister of the Economy to directly interface with the Qatari authorities to ensure that speedy progress is made.

 

The Nigerian economy saw a better than anticipated performance in the last quarter of 2023, growing by 3.46 per cent, compared with 2.54 per cent in the preceding quarter.

 

Capital Importation into Nigeria was up by 66 per cent in Q4 2023, reversing a 36 per cent decline in the previous quarter. Capital Importation into Nigeria was up by 66 per cent in Q4 2023, reversing a 36 per cent decline in the previous quarter.

 

In January 2024, the Nigerian Stock Exchange All Share Index (ASI) crossed the 100,000 points mark, its highest ever. There is no one who looks at this data who will conclude that “distressed” is the accurate way to describe the Nigerian economy

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Hailey Bieber slams 'false' theories circulating about marriage to Justin Bieber after her father sparked concern for couple

Hailey Bieber has slammed 'false' theories circulating about marriage to  Canadian Justin Bieber on TikTok after her father sparked concern for the couple.

 

 

The 27-year-old supermodel was rumoured through one blind item rumour to be hooking up with a billionaire behind Bieber's back.

 

 

Bieber fired back at that and other claims in an Instagram story where she stated that every rumour was wrong. 

 

 

The post comes just days after a report surfaced that she was 'upset' with her father, Stephen Baldwin, for asking for prayers for the couple. 

 

 

'Just FYI the stories and constant "blind items" I see on TikTok are 100% of the time wrong. Made out of thin air... come from the land of delusion,' she said.

 

 

'So I know it may be fun feeding into these stories but just know they're always false xx sorry to spoil it, 'she concluded. 

 

 

Just days earlier, Stephen raised concern when he reposted a video of Justin singing, which was shared by All Things Possible Ministries founder Victor Marx.

 

 

The post was captioned, 'Christians please when you think of Justin & Hailey, take a moment to offer a little prayer for them to have wisdom, protection, and draw close to the Lord.'

 

The post reportedly upset Hailey, since it seemingly referenced a private matter that the Bieber's were dealing with that has not been disclosed.

 

 

Marx even added that his wife Eileen Marx and Hailey's mother Kennya Deodato Baldwin 'pray often together' for the married couple, who wed in 2018. 

 

 

'There are special challenges that folks in high visibility positions face and also the enemy doesn't want them to draw closer to Jesus,' Victor wrote. 

 

 

'So often regardless of the material things or the accolades they often face spiritual warfare that [is] intense and seeks to ship-wreck their faith, marriage, and life in general. So thank you.' Marx has since deleted the post