We’ve passed darkest tunnel, now running stable economy - Tinubu
Summarized and contextualized by DistantNews.
At a glance
- Nigerian President Bola Tinubu stated that the nation's economy has overcome its most difficult phase and is now stable.
- He highlighted that his administration's reforms have garnered global attention and commendation.
- Tinubu also noted improvements in education, with no more ASUU strikes, and enhanced security across the country.
President Bola Tinubu declared on Thursday that Nigeria's economy has navigated its most challenging period and is currently operating in a stable state. He asserted that the reforms implemented by his administration are attracting significant global attention and praise.
Your capacity is exceedingly reliable, and your performance at the United Nations are very impressive. You have achieved a lot at the UN within a short period. I am very proud of that.
Speaking at the State House while receiving a delegation from the research group Aseyori Tinubu, the President attributed the growing interest from multinational corporations in partnering and investing in Nigeria to the collective efforts of Nigerians across various sectors. He emphasized that these individuals are working diligently to support his administration's reform agenda.
I could say the economy of our nation has passed the darkest tunnel. The twists and turns of democracy are there. We will continue to push for improvement. The economic recovery is here, proudly. We are running a very stable economy right now.
Tinubu assured Nigerians that more benefits from these reforms will materialize soon. He expressed pride in the nation's economic recovery, stating, "I could say the economy of our nation has passed the darkest tunnel... The economic recovery is here, proudly. We are running a very stable economy right now." He also pointed to the flourishing students' loan program, NELFUND, which recently received additional funding from recovered EFCC monies. Furthermore, he reassured citizens about the education sector, noting the absence of ASUU strikes and the return of children to school, alongside improvements in national security.
We have a production line going on well; we just need to stimulate the economy for growth. We can beat our chests with the bragging rights, no more ASUU strike. Today, our children are in school. The security is getting better, not getting worse.
Originally published by Vanguard. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.