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President Bola Tinubu said on Tuesday his administration’s bold economic reforms are yielding positive results, stabilising the economy, and restoring Nigeria’s global image and investor confidence.
The President, according to a statement issued on Wednesday by his Special Adviser on Information and Strategy, Bayo Onanuga, made the remarks when His Imperial Majesty, Oba Ghandi Olaoye (Orumogege III), the Soun of Ogbomosoland, and other royal fathers visited him at the State House, Abuja.
He said: “Years of neglect and self-deception, fake records, smuggling, and other harmful practices denied Nigeria the revenue needed for development.
“We were also confronted with currency arbitrage, fake trading, and widespread corruption. The integrity of our economy and our country was severely challenged.”
He said tough decisions had to be made and thanked Nigerians for their patience and support.
“With your prayers, perseverance, and understanding, I can say today that the economy is stabilised.
“The bleeding has stopped. The haemorrhage is gone. The patient is alive,” President Tinubu added.
He reaffirmed his commitment to inclusive access to education and highlighted the creation of the Nigeria Education Loan Fund (NELFUND), which ensured that no student dropped out due to poverty.
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“Education is the greatest weapon you can give people against poverty.
“That’s what we are doing.
“We have also remained aggressive on infrastructure, and it’s just two years,” he stated.
The President thanked the Soun of Ogbomoso for acknowledging the government’s reforms and decisive leadership taken from the onset of the administration.
He commended Oba Olaoye’s developmental vision and noted the ongoing transformation across Ogbomoso and under the monarch’s leadership.
Tinubu promised to direct the Ministers of Power, Agriculture, Water Resources, and Works to assess the monarch’s requests aimed at accelerating development in the region.
Source: RipplesNigeria | Read the Full Story…
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