President Bola Tinubu defends his economic policies, including the removal of fuel subsidies and exchange rate unification, stating they are yielding positive results. He reassures Nigerians that the economy and security are improving, and by God's grace, every household will benefit from a brighter future.
President Bola Tinubu has expressed confidence that the economic policies he implemented upon assuming office are now beginning to deliver positive results. Despite acknowledging the tough nature of these policies, the president emphasized that they were necessary to steer Nigeria away from a looming economic collapse.
Speaking at an event in Akure, Ondo State, President Tinubu defended the controversial decisions, including the removal of the fuel subsidy and the unification of exchange rates, as crucial steps to safeguard the future of the country. "We had to make tough choices for the sake of our children's future and to avoid the country's economic collapse," Tinubu stated.
He went on to acknowledge the challenges these policies presented to the public but reassured Nigerians that the macro economy was steadily improving, surpassing expectations. Additionally, he noted that the micro-economy, which directly impacts citizens, was gradually showing signs of recovery with tangible positive effects.
Tinubu expressed hope for the future, stating, "By the grace of God, every household will experience a better life." He also spoke about the ongoing improvements in the nation's security and promised that the country’s prosperity was within reach. "We are committed to ensuring the safety of all Nigerians and transforming the country into a land of opportunity for everyone," he added.
