Tinubu Says Economic Reforms Bringing Respect to Nigeria

President Bola Tinubu has declared that the bold economic measures introduced by his administration are paying off, restoring stability to Nigeria’s economy and earning global recognition.

The President spoke at the State House during an audience with His Imperial Majesty, Oba Ghandi Afolabi Oladunni Olaoye, Orumogege III, the Soun of Ogbomosoland, who visited with other royal fathers.

According to presidential spokesman Bayo Onanuga, Tinubu emphasised that the reforms were correcting years of mismanagement while positioning the country on a path of growth.

”Years of neglect and self-deception, fake records, smuggling, and all of that denied Nigeria the necessary revenue for progress and development,” the President 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 extremely and adversely challenged. We had to take those actions. 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 highlighted the establishment of the Nigerian Education Loan Fund (NELFUND) as one of his administration’s major achievements, stressing that education remains the surest weapon against poverty. “Everybody has a right to education as it is 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,” he added.

He thanked the Soun of Ogbomoso for recognising the government’s early reforms and praised the monarch’s efforts at modernisation, noting that the people of Ogbomosoland were already benefiting from his initiatives.