According to President Bola Tinubu, he inherited significant assets and obligations from his predecessor, Muhammadu Buhari.
This was revealed by Tinubu during his meeting with Mansur Muhtar, the Vice-President (Country Programmes) of the Islamic Development Bank, in Mecca, Saudi Arabia. It was also included in a statement released on Tuesday by his spokesperson, Ajuri Ngelale.
Notwithstanding the risks, Tinubu promised not to offer an explanation.
He said: “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.
“Access to finance and guarantees can be a hindrance in some cases. You can come in there. We see you as a critical enabler.
“You have partnered with us before. We want to scale it up now and do much more with greater ambition and clearer vision.”
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