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Biden To Host Tinubu on Sidelines of UN General Assembly, Says US Envoy

“We know there is more we can do to incentivise large-scale American investment in Nigeria,” said Ambassador Molly Phee.

 President Bola Tinubu has expressed his readiness to pursue Nigeria’s economic reforms policy to a logical conclusion despite the political crisis rocking neighbouring Niger Republic.

This comes as the US Presidential Envoy & Assistant Secretary of State for African Affairs, Ambassador Molly Phee, pledged support for the position of ECOWAS on the Niger crisis.

Phee also conveyed an exclusive invitation from US President Joe Biden to Tinubu, who doubles as the Chairman of the ECOWAS Authority of Heads of State and Government, to meet on the sidelines of the United Nations General Assembly in New York City to advance discussions further in late September.

“We know there is more we can do to incentivise large-scale American investment in Nigeria and we are committed to working closely with you to achieve that, as part of efforts to strengthen the Nigerian economy and the regional economy. 

“We appreciate your willingness to create an enabling environment for that. President Joe Biden is asking to meet with you on the sidelines of UNGA and you are the only African leader he has requested to meet. 

“It is a mark of his high regard for your leadership,” the US Special Envoy said.

The Nigerian President replied that he accepted the invitation to meet the US President on the sidelines of the UN General Assembly and that the work of perfecting democracy is never done, even in developed democracies, as seen recently in America, as well as other emerging democracies in the world.

These was a conversation held when Tinubu received Ambassador Phee on Saturday at the State House, Abuja.

 The ECOWAS Chairman also emphasized  that the crisis in Niger Republic would not deter him from concluding his economic reform programme successfully for the benefit of Nigerians.

President Tinubu, according to a release issued by his Media Adviser, Ajuri Ngelale, stressed that he takes a cue from no nation, but will only advance the interest of the Nigerian state in his approach toward ECOWAS’ handling of the regional standoff.

His words: “We are deep in our attempts to peacefully settle the issue in Niger by leveraging on our diplomatic tools. I continue to hold ECOWAS back, despite its readiness for all options, in order to exhaust all other remedial mechanisms. 

“War is not ideal for my economic reforms, nor for the region, but the defence of democracy is sacrosanct. The ECOWAS consensus is that we will not allow anyone to insincerely buy time.”

The President also advised the US Presidential Envoy to ensure that US policy is intentionally collaborative with independent African democracies at a time when they are under assault by anti-democratic forces within and outside of the continent.

President Tinubu noted that American-backed development finance and multilateral institutions, which were designed to support war-torn Europe after World War II, require swift and comprehensive reform to meet the developmental requirements of younger democracies in Africa, which operate in authoritarian-crowded environments, such that the legitimate yearnings of Africans would no longer be manipulated to serve the narrow aims of self-seeking demagogues through unconstitutional takeovers of power.

“Yes, the private sector will lead the way within an enabling environment we create for them, but the US Government must be innovative in its thinking and systematically create incentives for US industrial investment in Nigeria. 

“Under my leadership, Nigeria stands ready to address their specific regulatory, tax and environmental concerns. I am determined to create prosperity for all Nigerian families,” the President  declared.

Deji Elumoye in Abuja

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