The presidency has retracted the claim that President Bola Ahmed Tinubu is the first African president to ring the bell of National Association of Securities Dealers Automated Quotations (NASDAQ).
On September 20, 2023, the president was invited by the US Chamber of Commerce to ring the closing bell of Nasdaq at Times Square in New York.
Shortly after the act, presidential spokesperson, Ajuri Ngelale labelled Tinubu as the ‘first African president ever to receive the honour.’
The statement partly reads; “In honour of President Bola Tinubu’s determined global push to aggressively attract foreign direct investment into Nigeria.
”The world’s second largest stock exchange, the National Association of Securities Dealers Automatic Quotation System (NASDAQ), on Wednesday in the world’s financial capital, invited President Tinubu to ring the closing bell.
”Making him the first African President to ever receive the honour”.
However, on Friday, September 22, 2023, Ajuri retracted the statement and apologised for misleading the public.
”We inadvertently referred to President Bola Tinubu as the first African leader to ring the bell at NASDAQ on Wednesday in New York, based on the information provided by a third-party event organiser.
”We have since found out that this information was/is incorrect as a former African leader has indeed had the privilege.
”This error is sincerely regretted.”
For the record, Jakaya Kiwete, former president of Tanzania rang the Nasdaq bell in 2011 to become the first African president to be honoured with the act.
Tinubu who rang the Nasdaq bell on September 20, 2023, is the second African president to be honoured with the act.