Despite Economic Hardship, Tinubu Says No Going Back On Reforms

Amidst the challenges and hardship faced by Nigerians, President Bola Tinubu has said his administration remains uncompromising in executing necessary economic reforms to promote business growth and generate investment prospects that support Nigeria’s escalating population.

According to Tinubu, he believes the reforms are necessary to pave way for long-term growth and prosperity of the nation.

He made the statement while receiving a delegation from the Corporate Council on Africa (CCA) led by its President and CEO, Florizelle Liser, at the State House in Abuja on Thursday.

While acknowledging the current economic difficulties, President Tinubu expressed confidence in his administration’s ability to navigate the headwinds.

He identified the recent landing of a submarine fibre optic cable in Akwa Ibom State as a testament to the progress being made, emphasizing the importance of strategic partnerships and determination in overcoming developmental challenges.

”I am happy that the Council is interested in various segments of Nigeria’s economy. We are right in the middle of a challenging stage of our reforms. We have headwinds, no doubt, but we are not going back.

”We are challenged, and we believe we will overcome the challenges. I have a can-do attitude that must be translated into a must-do attitude. We have a good team, and we must remain focused to get the goal accomplished,” Tinubu was quoted by spokesman, Chief Ajuri Ngelale, to have told his quests.

According Ngelale, Tinubu reaffirmed his commitment to creating an enabling environment for business to thrive, emphasizing that his administration’s focus on investing in key sectors, such as agriculture, solid minerals, energy, health, physical infrastructure, trade promotion, financial services, digital enterprise, and the creative economy is underpinned by the need to ensure the welfare and prosperity of citizens.

”We are going to do more on security and investing in education, as we believe that education is the greatest weapon against poverty. We welcome partners like CCA, and we will strengthen our partnership to achieve our goals,” he said.

Liser, on behalf of the CCA, expressed commitment to supporting Nigeria’s economic growth through the eight priority areas outlined by President Tinubu.

She extended an invitation to Tinubu to participate in the upcoming US-Africa Business Summit in Dallas, Texas, and reiterated the CCA’s desire to be a partner in enhancing US-Nigeria trade, business, and investment.