President Bola Ahmed Tinubu has said Nigeria has overcome major economic challenges under his administration, stating that state governors no longer need to rely on bank loans to pay workers’ salaries.
The President made the remarks on Monday during an interfaith breaking of the fast with religious and traditional leaders at the Presidential Villa.
In a statement issued by presidential spokesperson Bayo Onanuga, Tinubu said his administration had taken decisive steps to stabilise the economy and place the country on a path of recovery and growth.
“I am just grateful, one person among millions, that I have been given the opportunity to serve. And all I can do is promise that I will continue to be faithful in discharging my duty,” the President said.
“I can report that the economy has turned the corner. It is getting better. Pensioners are getting their relief gradually. We have saved Nigeria from bankruptcy.”
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Tinubu acknowledged that the situation was extremely difficult when his administration assumed office but maintained that significant progress had been made.
“It was very daunting and challenging when we took over. But today I can say with pride and joy that we have survived. No governor in this country is running around the banks to borrow money to pay the salaries of their workers,” he added.
The President also reassured Nigerians that the country would not allow forces of instability to undermine its peace, unity and sovereignty. He commended religious and traditional leaders for their roles in promoting moral guidance and stability within their communities.
According to him, security agencies remain determined to defeat terrorism and other threats confronting the nation.
“Yes, we are challenged; the terrorists are very desperate now because they are getting barraged and defeated. They leave trails of blood in their wake. But I assure you of one thing: Nigeria will never surrender. We are not discouraged. We are going to win and win well,” he said.
Tinubu further reaffirmed his administration’s commitment to investing in key sectors such as agriculture and education in order to build a stronger foundation for future generations.
He urged Nigerians to remain hopeful, assuring them that the government remains focused on creating a safer, more secure and prosperous nation for all citizens.
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