Economy

Tinubu: Economic challenges we’re facing not new to me… Nigeria will survive

 

President Bola Tinubu has assured that Nigeria will survive its current economic challenges.

 

Tinubu spoke on Wednesday while addressing Afenifere leaders at the residence of Reuben Fasoranti in Akure, Ondo state.

 

According to a statement by Ajuri Ngelale, presidential spokesperson, Tinubu reiterated his commitment to leading Nigeria towards economic and social prosperity.

 

He said his administration is working to ensure that Nigeria is reformed for greater efficiency by inculcating fairness and equity in all aspects of the national life.

 

The president acknowledged the understanding and support of all Nigerians in the face of the economic challenges, assuring that their patience and perseverance will not be in vain.

 

Nigeria will survive the current economic challenges. There is light at the end of the tunnel. I requested the job, and I am not complaining about it. I take full responsibility,” Tinubu said.

 

“The economic challenges we have endured since assuming office are not new to me.

“As the former governor of Lagos state, I faced similar calls for my resignation. But, through perseverance, Lagos emerged as the fifth largest economy in the entire continent of Africa. We must manage this moment with wisdom and grow Nigeria responsibly.

 

“I campaigned for this office to serve Nigeria’s interests, and I was elected. Some said I would not last in the tribunal and came up with all sorts of predictions, but even when in court, I remained focused.

 

“We cannot allow Nigeria’s economy to be exploited. We cannot abandon our economy to marauders. I am determined to re-engineer our finances and curb selfish interests permanently.”

 

On reforming Nigeria, Tinubu said his task will be to ensure fiscal and true federalism, as well as the broad-based manifestation of the philosophy of “what is sauce for the goose is sauce for the gander”.

 

The president also added that Nigeria is meeting its obligations to the international community.

 

“To lenders, we have not defaulted, and we are not going to default. We are navigating the twists and bends on the road to Nigeria’s prosperity,” Tinubu said.

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