President Bola Ahmed Tinubu has reaffirmed his administration's commitment to drive Nigeria's development through technology and food security, noting that these sectors will open new opportunities for jobs, trade, and SME growth.
Speaking in Brazil during an interactive session with Nigerians in the diaspora, Tinubu said Nigeria must learn from emerging economies like Brazil, especially in agriculture and technology, to strengthen local industries and empower small businesses.
He encouraged Nigerians abroad to invest their expertise and resources in nation-building, stressing that SMEs, innovation, and cultural exchange are critical to Nigeria's economic renewal.
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Acknowledging the pains of ongoing reforms, the President likened them to "bitter medicine" that will lead to long-term stability and investor confidence.
Stakeholders at the event—including the Speaker of the House, Tajudeen Abbas, and governors Uba Sani and Caleb Mutfwang—highlighted the impact of reforms such as clearing the $7bn forex backlog, which they said has already boosted investment prospects for SMEs and local industries.
The diaspora community in Brazil also pledged support, especially in agriculture, infrastructure, and human capacity development.
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