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‎Tinubu woos east caribbean states to invest in Nigeria

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‎President Bola Tinubu has called on the Organisation of Eastern Caribbean States (OECS) to take advantage of ‘Africa’s largest market’ and invest in Nigeria.

‎By Muhyideen Jimoh

‎President Bola Tinubu has called on the Organisation of Eastern Caribbean States (OECS) to take advantage of ‘Africa’s largest market’ and invest in Nigeria.

‎The President described Nigeria as a gateway to Africa’s booming market and urged the island nations to deepen trade, joint ventures and investment ties.

‎Tinubu made the call on Monday while addressing a special joint session of the Senate and House of Assembly of Saint Lucia.

‎This is contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga.

‎Onanuga said that the President  advocated partnerships in agriculture, manufacturing, and services that would position Nigeria as both a supplier and a destination for OECS exports.

‎“When I assumed the Office of the President of Nigeria in May 2023, my Administration embarked on a series of economic, political and social reforms for sustainable growth and development.

‎“It is in line with this orientation and to explore areas of cooperation, that I decided to undertake this state visit to Saint Lucia.

‎“In this spirit, I wish to express Nigeria’s readiness to deepen cooperation with the OECS in mutual interest, including trade, investment, health, culture, education, and climate resilience,” Tinubu said.

‎He emphasised Nigeria’s vast natural resources and large consumer base as assets the OECS can leverage for exports and strategic partnerships.

‎“Together, we can leverage our respective strengths to attract investment, create jobs, and foster joint ventures that benefit both our peoples.”

‎The President used the occasion to formally announced the establishment of diplomatic ties between Nigeria and Saint Lucia, calling it a “symbolic bridge” for deeper engagement.

‎“A symbolic bridge that will provide a gateway in fostering closer ties between both countries,” Tinubu added.

‎He proposed a Joint Commission or Political Consultation Agreement to serve as a structured framework for future cooperation.

‎To strengthen cultural ties, the presidential aide said that President Tinubu offered full scholarships to students from OECS nations to study in Nigeria.