President Tinubu Assures Citizens of Economic Recovery Amid Engagement with Traditional Rulers
Abuja, Nigeria – President Bola Tinubu has affirmed that the nation’s economy is on a gradual but steady path to recovery, assuring citizens that his administration is committed to addressing their needs more effectively. This statement was made during a meeting with traditional rulers at the State House on Thursday, led by the Sultan of Sokoto, His Eminence Muhammad Sa’ad Abubakar III, and the Ooni of Ife, His Imperial Majesty Oba Adeyeye Enitan Ogunwusi.
Addressing the gathering, President Tinubu emphasized the seriousness with which he is tackling the nation’s challenges. “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,” he stated.
He highlighted his commitment to both the assets and liabilities inherited from his predecessor and underscored his determination to advance the country. The President acknowledged the pressing issues of the nation, noting, “Nigeria is hilly, and it is the largest democracy in Africa. No other democracy comes close to us in terms of population on the continent. We cannot blame God for giving us these children, and we have to seek peace and better livelihoods.”
President Tinubu pointed to several government initiatives that are already yielding positive outcomes, such as the student loan program, the consumer credit scheme, and the affirmation of fiscal autonomy for local government councils. He stressed that the Ministry of Finance would continue to ensure that funds reach the grassroots for both human and infrastructural development.
Reflecting on past challenges and future plans, the President said, “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. Yes, infrastructural decay is there.”
Highlighting specific projects, he added, “The Lagos-Calabar coastal road is not being done without studies. It is an economic energizer. From it, we can create infrastructure along the route to develop wind energy and generate power, and we can expand our irrigation network.”
President Tinubu also addressed the ongoing efforts to improve security, noting, “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.”
Reiterating his commitment to economic reforms and the importance of continued dialogue, he said, “We have created instruments to support the students so that they get education, consumer credit to expand the economy, to improve the purchasing power of the people in order to rejuvenate the economy within a short period of time. We are still recalibrating our oil usage.”
The President urged the traditional rulers to reach out to their communities to explain the government’s genuine intentions and the projected benefits of its reforms. “Nigeria is on the path of recovery. You have heard it from the Minister of Finance, Mr. Wale Edun. We are not afraid of protests. Our concern is the ordinary people, and the damages that will be done,” he concluded.
The meeting underscored the government’s commitment to transparent communication and collaborative efforts to ensure the country’s steady progress.
