President Bola Tinubu says his reforms have earned Nigeria
renewed global respect.
Tinubu spoke on Tuesday when he received a delegation of
monarchs led by Ghandi Olaoye, the Soun of Ogbomosoland, at the State House.
According to a statement by Bayo Onanuga, special adviser to
the president on information and strategy, Tinubu said that the country’s
economy is now stable, attracting interest from around the world.
“Years of neglect and self-deception, fake records,
smuggling, and all of that denied Nigeria the necessary revenue for progress
and development,” he said.
“Then we were confronted again with arbitrage trading of
currency, an illusion of selling papers, corruption all over the place, and the
integrity of the country and its economy being significantly and adversely
challenged.
“We had to take those actions [reforms]. With your prayers,
patience, perseverance and great understanding, I’m glad to tell you today that
the economy is stabilised. The bleeding has stopped. Haemorrhage is gone; the
patient is alive.”
Tinubu said his administration has made significant
investments in education, establishing the Nigerian Education Loan Fund
(NELFund) to ensure that indigent Nigerians can attend school.
Tinubu described education as the “greatest weapon you can
give to human beings against poverty”.
“That’s what we are doing. We have remained aggressive on
our infrastructure. And it’s just two years,” the president said.
Olaoye commended Tinubu’s achievements, saying, “only a bold
leader could have made such a record. Removing fuel subsidy has shown us that
it is the right decision, and we can see the effects”.
Olaoye said the foreign exchange reforms and the student
loans scheme have enabled many students to continue their schooling.
The traditional ruler thanked the president for awarding the
contract for constructing the Oyo-Ogbomosho road, which had been abandoned for
decades.
The monarch also sought Tinubu’s intervention in the water
and power supply in Ogbomoso and the upgrading of the town’s general hospital
into a federal medical centre.
The delegation included Samuel Otolorin, Areago of
Ogbomosoland; Oyetunji Adeyeye, Alajaawa of Ajaawa; Bolarinwa Olajide, Onisapa
of Isapa; Babatunde Amao, Aale Oke-elerin, and Akinola Akintola, Olokin-apa of
Okin-apa.
Others were Ogundare Oluwakemi Rebecca, Iyalode of
Ogbomosoland; Sola Adepoju, former director-general of Forestry Research
Institute of Nigeria; and Ganiyu Atanda Owodunni, Aare Musulumi of
Ogbomosoland.
Last month, while addressing investors in Brazil, Tinubu
said his reforms have ended corruption in Nigeria, made the economy more
competitive, boosted revenue, and strengthened the nation’s finances.
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