Presidency

Tinubu to Nigerians: Economy looking better, my govt’ll tame inflation

President Bola Tinubu has assured Nigerians of his government’s commitment to tackle inflation in the country.

Tinubu, who said the Nigerian economy has improved, noted that the future of Nigerians would be brighter as the path to take the citizens out of poverty has been cleared with his signing into law of the Student Loans Re-enactment Bill.

The president said this when he hosted members of the All Progressives Congress (APC) Presidential Campaign Council and the Independent Campaign Council (ICC) to Iftar at the Presidential Villa in Abuja on Wednesday night.

He said: “The only thing that can fight poverty is education. Today (Wednesday), I signed the bill for the Student Loan Scheme.

“Imagine the children of the poor; what about people going through the mud, fishing in the ponds? How do you tell their children that their future will be brighter? It is only through education that we can fight poverty. A promising future awaits our children.

“The economy is looking much better. Yes, we have challenges of inflation, but we will bring it down. When the exchange rate was going haywire, it looked like we were asleep, but we worked on it diligently, and it is going down; it is getting better.

Kano gov probes Ganduje, inaugurates two judicial panels

“Borrowing was higher a year ago, but today, we are reengineering the financial landscape, and our revenue is expanding. And we are taking up our sovereignty and earning our respect back in the comity of nations.”

Acknowledging the members of the PCC and ICC for their rigorous efforts toward his election, President Tinubu said: “It is your footwork and footprints that made me the president.

“I campaigned on hope, and you promised Nigerians hope and a good result when campaigning for me. There are a lot of expectations. I, therefore, have to work hard for it. There is a windy road we are travelling on. We have to navigate carefully. Otherwise, one ends up in the bush, and that is all I have been focused on.

“It is your effort, resourcefulness, and dedication that has brought us here. The results will not come suddenly, you have endured the campaign, you must endure more, and I assure you that a very bright light beckons for you and your children. Nigeria will prosper, and we will all reap the benefits. We will work with determination and persistence.”

While urging Nigerians to continue to have faith in Nigeria by supporting his administration to succeed for the benefit of all, Tinubu noted that “Europe and America did not get to where they are today in one day, but through persistence and hard work, which takes time and consistent focus.”

The Star

Segun Ojo

Recent Posts

Power outage hits Ibadan as TCN carries out transformer maintenance

Parts of Ibadan, Oyo State, were left without electricity on Tuesday after the Transmission Company…

11 minutes ago

Top 10 brokers trade N949.9bn on NGX as investors gain N26trn in one month

Ten stockbroking firms on the Nigerian Exchange Limited (NGX) recorded transactions worth N949.899 billion in…

1 hour ago

Oil prices fall as US reduces Iran’s grip on Hormuz

Oil prices eased ​1% on Tuesday, May 5, 2025, on signs the United States Navy…

1 hour ago

3-year-old dies as rainstorm wrecks homes in Mokwa

A three-year-old girl, identified as Afnan, has died after a rainstorm caused a building collapse…

2 hours ago

Strike continues as FG-SSANU, NASU talks end in deadlock

Talks between the Federal Government and the Joint Action Committee (JAC) of the Senior Staff…

2 hours ago

Ex-Kano dep gov Aminu Gwarzo resigns from ADC

A former Deputy Governor of Kano State, Aminu Gwarzo, has resigned from the African Democratic…

2 hours ago

This website uses cookies.