President Bola Ahmed Tinubu has told Brazilian investors that his administration’s reforms have dismantled corruption in Nigeria, declaring there is “no more corruption” since he assumed office.
Tinubu made the remarks on Monday during a meeting with Brazilian ministers and members of the Brazil Business Group, assuring them that Nigeria is fully open for deeper partnerships in technology transfer, food security, renewable energy, and manufacturing.
Highlighting the potential for Brazilian investors, the President described Nigeria as a “vast, untapped market full of opportunities for Brazilian companies.”
He acknowledged that some of his reforms had been tough at the beginning but insisted the benefits are now visible.
“It’s getting clearer to the people. We have more money for the economy, and no more corruption,” Tinubu said.
Pointing to transparency in monetary policy as proof of change, he added, “You don’t have to know him before getting the foreign exchange you need. The speculators are out. In our currency market, the door is open for businesses.”
Reflecting on past setbacks in bilateral ties, Tinubu stressed the need to translate goodwill into concrete progress.
“We have allowed some problems and activities in the past to deter us from making progress and fulfilling our promises, but today we say that is the end of that.”
A statement by presidential spokesperson Bayo Onanuga noted that Tinubu also attended a state luncheon at the Itamaraty Palace, where new bilateral agreements were signed.
The deals are expected to boost economic cooperation between Nigeria and Brazil, unlocking fresh opportunities for trade, innovation, and sustainable growth.
