President Bola Tinubu has asserted that he received both significant liabilities and assets from his predecessor, Muhammadu Buhari. Tinubu made this revelation during a meeting with Mansur Muhtar, the Vice-President (Country Programs) of the Islamic Development Bank in Mecca, Saudi Arabia. His spokesperson, Ajuri Ngelale, conveyed this information in a statement on Tuesday.
Despite acknowledging the inherited liabilities, Tinubu emphasized his commitment to avoiding excuses. He stated, “We inherited serious liabilities, but also assets from our predecessors. We do not make any excuses. There are several sectors replete with investment opportunities for smart investors.”
In addressing potential obstacles such as access to finance and guarantees, Tinubu welcomed collaboration with the Islamic Development Bank, considering them a critical enabler. He expressed a desire to expand and enhance the existing partnership with a more ambitious and clearer vision. Tinubu highlighted the potential for significant investment in various sectors and called for increased cooperation to capitalize on these opportunities.