The president made the remarks on Thursday in Paris, France, while meeting with the President and Chairman of the Board of Directors of the African Export-Import Bank (Afrexim), Prof. Benedict Oramah, and the President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, on the sidelines of the Summit for a New Global Financing Pact.

“We are ready for business, prepared to welcome investments,” he said, while adding that ongoing reforms, starting with removal of fuel subsidy and streamlining of exchange rate, would be sustained for a more competitive economy that attracts Foreign Direct Investment (FDI).

He urged investors to take advantage of opportunities in Nigeria.

President Tinubu, in a statement issued by his spokesman, Dele Alake, assured the delegation of AfreximBank executives led by Dr Oramah that the federal government will continue to stimulate the economy with policies that support investments in areas of Nigeria’s competitive advantage, particularly agriculture.

“Nigeria is blessed with human and material resources,’’ President Tinubu told the delegation, who had earlier listed areas of intervention to buoy the economy, like infrastructure, health, energy and agriculture.

The president of AfreximBank praised president Tinubu for taking the daring move of eliminating the fuel subsidy and unifying the currency rate, assuring the Nigerian leader of the financial and development institution’s complete support for the continuing changes.

Dr. Oramah stated that the bank was already constructing the first African Specialist Hospital in Abuja, and that Energy Bank was promising to put additional money into the economy to boost investor confidence.

President Tinubu told the EBRD that Nigeria’s economy was too vast and powerful to ignore, adding, “Ignoring Nigeria will be a peril to the universe.”

After analyzing six prospective investment economies, Renaud-Basso said it would be a mistake for the development bank not to engage in Nigeria.