News Agency of Nigeria
👁️ 161 views
‎The worst is over, Tinubu declares in Independence Day broadcast

‎The worst is over, Tinubu declares in Independence Day broadcast

follow and like on:
X (Twitter)
Visit Us
Follow Me
Instagram
Telegram

‎By Muhyideen Jimoh

‎President Bola Tinubu has declared that Nigeria has “turned the corner” towards economic prosperity, assuring citizens that the worst is behind them.

‎The president made the declaration in his national broadcast on Wednesday to mark Nigeria’s 65th Independence anniversary.

‎“I am pleased to report that we have finally turned the corner. The worst is over.

‎“Yesterday’s pains are giving way to relief,” he said.

‎Tinubu applauded Nigerians for their resilience and support, reaffirming his administration’s commitment to delivering on its promises.

‎“I salute your endurance, support, and understanding.

” I will continue to work for you and justify the confidence you reposed in me to steer the ship of our nation to a safe harbour,” he said.

‎He recalled that his administration inherited a near-collapsed economy, weakened by decades of fiscal mismanagement and distorted policies.

‎“Upon assuming office, our administration inherited a near-collapsed economy caused by decades of fiscal policy distortions and misalignment that had impaired real growth,” he said.

‎Tinubu said his government had a choice to continue with the status quo or pursue bold reforms to rescue the nation.

‎He stressed that without the tough decisions, Nigeria would have drifted into deeper economic crisis.

‎The president noted that within three years, the seeds of reforms in the removal of the corrupt fuel subsidy and unified foreign exchange are beginning to bear fruit.

‎He said these bold steps dismantled incentives that sustained a rent-seeking economy and redirected resources to priority sectors.

‎Tinubu said his administration had redirected the economy towards a more inclusive path.

See also  Nigeria championing global tax reform – says Tuggar

His administration, he said, had been channelling money to fund education, healthcare, national security, agriculture, and critical economic infrastructure such as roads, power, broadband, and social investment programmes.

‎Tinubu called for collective action to accelerate development, warning that Nigeria remained in a race against time on infrastructure.

‎“We are racing against time. All hands must be on deck to fast track development and deliver the promise of a greater Nigeria,” he said.(NAN)

Edited by Mufutau Ojo

follow and like on:
X (Twitter)
Visit Us
Follow Me
Instagram
Telegram

Published By

Tosin Kolade
Agriculture and Environment Desk Controller/Website Content Manager.
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
X
Welcome to NAN
Need help? Choose an option below and let me be your assistant.
Email SubscriptionSite SearchSend Us Email
0
Would love your thoughts, please comment.x
()
x