President Bola Tinubu has said Nigeria's economy has emerged from its most difficult period, describing the country's economic outlook as stable while assuring Nigerians that the benefits of his administration's reforms will become more visible.
The President made the remarks on Thursday, July 23, while receiving a delegation of the research group Aseyori Tinubu at the State House. The delegation was led under the auspices of Nigeria's Permanent Representative to the United Nations, Ambassador Jimoh Ibrahim. Tinubu said the growing interest from multinational companies to invest in Nigeria reflects the collective efforts of Nigerians and the impact of his administration's economic reforms.
Addressing Ambassador Ibrahim, the President commended his performance at the United Nations and encouraged him to remain focused on his responsibilities. "Your capacity is exceedingly reliable, and your performance at the United Nations are very impressive. You have achieved a lot at the UN within a short period. I am very proud of that."
"You know, this is an evolution that may not come back to our history in a very, very short time, as you have mentioned. So, I want you to work harder and get a permanent seat at the UN." The President reaffirmed his commitment to improving the country's economy.
"I could say the economy of our nation has passed the darkest tunnel. The twists and turns of democracy are there. We will continue to push for improvement. The economic recovery is here, proudly. We are running a very stable economy right now." Tinubu also said the Nigerian Education Loan Fund (NELFUND) is making progress, revealing that he recently approved additional funding from money recovered by the Economic and Financial Crimes Commission (EFCC).
"We have a production line going on well; we just need to stimulate the economy for growth. We can beat our chests with the bragging rights, no more ASUU strike. Today, our children are in school. The security is getting better, not getting worse," he said.
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