My Reforms Have Eliminated Corruption and Made Money Available in Nigeria — Tinubu Tells Investors in Brazil

President Bola Tinubu has declared that Nigeria’s foreign exchange market is now free of corruption and that funds are readily available to businesses and investors. Speaking during his official visit to Brazil on Monday, Tinubu credited his administration’s economic reforms with restoring confidence and stability in the market.

“The reforms I embarked upon since I took over in Nigeria have been very impactful,” Tinubu said. “I beat my chest for that. It was initially painful but today the result is blossoming and getting clearer to the people.”

The president emphasized that his government has eliminated the need for connections or favoritism to access foreign exchange, noting that the Central Bank of Nigeria now operates transparently. “We have more money to the economy. No more corruption. You don’t have to know the governor of the Central Bank before you get the foreign exchange you need. The speculators are out. The door is open for business—easy in, easy out,” he said.

Tinubu, who is on a state visit to Brazil, urged foreign investors to take advantage of what he described as Nigeria’s new climate of openness and accountability.