On Wednesday, September 3, President Bola Tinubu stated that his administration’s bold economic reforms are yielding positive results, restoring Nigeria’s position and earning the country renewed respect on the global stage.
The President made these remarks at the State House during a meeting with His Imperial Majesty, Oba Ghandi Afolabi Oladunni Olaoye, Orumogege III, the Soun of Ogbomosoland, alongside other royal fathers.
Addressing the monarchs, President Tinubu said:
“Years of neglect, self-deception, fake records, smuggling, and corruption denied Nigeria the necessary revenue for progress and development. We also faced currency arbitrage trading, paper sales illusions, and widespread corruption that severely undermined the integrity of our economy.
We had to take decisive action. With your prayers, patience, perseverance, and understanding, I’m pleased to say that the economy has stabilized. The bleeding has stopped, the haemorrhage is gone—the patient is alive.”
The President also highlighted the creation of NELFUND as a means to ensure that no student drops out of school due to poverty.
He emphasized that education is a fundamental right and described it as “the greatest weapon you can give to human beings against poverty.”
“We have remained aggressive in developing our infrastructure, and it’s just been two years,” he added.
