By Abdullahi Mukhtar Algasgaini
President Bola Tinubu has stated that his administration is actively engaging with the international community as Nigeria’s economic reforms show positive results.
He gave this assurance during a Federal Executive Council (FEC) meeting in Abuja on Thursday.
The President, speaking after the swearing-in of two new ministers, pointed to the recent oversubscription of a $2.3 billion Eurobond by 400% as a sign of strong international confidence in the country’s direction.
“The most important thing is the fact that despite the political headwinds and the fear of our people, we will continue to engage with partners,” Tinubu told the council.
Addressing the nation’s security challenges, the Commander-in-Chief charged Nigerians not to give in to despair.
“Do we have problems? Yes. Are we challenged by terrorism? Yes. But we will defeat terrorism,” he affirmed.
The cabinet meeting also featured an economic briefing from the Minister of Finance and Coordinating Minister for the Economy, Wale Edun.
He reported that Nigeria’s economy grew by 4.23% in the second quarter of 2025, which he described as the highest growth rate in a decade, excluding the post-COVID rebound period.