President Bola Tinubu affirmed that Nigeria’s economy is on a gradual but steady path to recovery and reassured citizens that his administration is committed to addressing their needs.
This assurance came during a meeting with traditional rulers, including the Sultan of Sokoto, His Eminence Muhammad Sa’ad Abubakar III, and the Ooni of Ife, His Imperial Majesty Oba Adeyeye Enitan Ogunwusi, at the State House on Thursday.
In a statement by Presidential spokesman Ajuri Ngelale, Tinubu emphasized his dedication to the nation’s progress: “Yes, it is true that I asked for this job, and I approached some of you to support me. So, I have no excuse not to do the job with sincerity of purpose and honesty. I have committed myself to it diligently, and I will never look backwards.”
Acknowledging the challenges inherited from his predecessor, Tinubu stated, “How I will take Nigeria forward should be my concern, and that is my concern.” He highlighted his busy schedule and the country’s unique challenges, including its large population and democratic status.
President Tinubu mentioned several ongoing interventions aimed at bringing the government closer to the people, such as the student loan program, consumer credit scheme, and fiscal autonomy for local government councils. He assured that the Ministry of Finance would ensure funds reach grassroots levels for human and infrastructural development.
“Today, the Bank of Agriculture is empty. We have to reactivate it. If they are not talking about flooding, they are talking of banditry. We have to start all over again,” he noted.
Tinubu also discussed the economic benefits of infrastructure projects like the Lagos-Calabar coastal road and emphasized the importance of studying their viability. On security, Tinubu reassured the traditional rulers, “Security is getting better, but we cannot take our eyes off the camera because it takes one accident for things to flare up. We are managing it.”
He concluded by reiterating his commitment to supporting education and expanding the economy through consumer credit, aiming to improve the purchasing power of citizens and rejuvenate the economy. “We are still recalibrating our oil usage,” he added, thanking the traditional rulers for their efforts in communicating with the citizens.
