Tinubu Emphasizes Economic Reforms to Secure Nigeria’s Future
President Bola Tinubu discussed the rationale behind Nigeria’s economic reforms aimed at protecting future generations. He highlighted challenges faced upon assuming office, emphasized the importance of democracy, and noted improvements in the economy, expressing gratitude for support from former National Assembly colleagues.
Nigerian President Bola Tinubu has articulated the rationale for his government’s recent economic reforms, emphasizing the intention to safeguard the interests of future generations. During a meeting with former National Assembly colleagues from the aborted Third Republic at the State House in Abuja, he discussed the pressing economic challenges his administration faced.
Tinubu noted that, prior to these reforms, Nigeria had been depleting resources intended for future generations while primarily serving the economic needs of the West African region. He mentioned that this destabilized prospects for future planning, especially for the children of Nigeria.
He acknowledged the myriad economic and social hurdles encountered at the onset of his presidency. He expressed gratitude towards the delegation for their support in overcoming these obstacles and mentioned the administration’s success in stabilizing the economy and laying a robust foundation for the future.
The President reflected on the serious challenges upon assuming office, asserting, “Nigeria would have been bankrupt if we had not taken the actions that we took, and we had to prevent the economy’s collapse.” He highlighted positive developments, such as the stabilization of the exchange rate and decreasing food prices, particularly during Ramadan, indicating a path toward recovery.
Furthermore, Tinubu underscored the importance of democratic principles as crucial for economic, social, and political advancement. He commended the delegation for their steadfast commitment to democracy and expressed recognition for the support that has ultimately benefited his leadership.
“I am benefiting from it,” Tinubu remarked, reinforcing the belief in democratic ideals.
In summary, President Bola Tinubu has emphasized the necessity of his administration’s economic reforms to secure a better future for Nigeria’s younger generations. He addressed the previously dire economic situation, celebrating recent improvements in the economy while highlighting the significance of maintaining democratic values. His remarks serve as a call for continued support and belief in the country’s leadership, emphasizing that the journey toward recovery continues.
Original Source: dailypost.ng
