- Safiu Kehinde
President Bola Tinubu has reiterated his administration’s transformation of Nigeria’s economy, stressing that the country is no longer where it was 10 years ago.
Tinubu stated this at the booking launch and project commissoning event held in Owerri, Imo state capital, on Tuesday.
While commending the state governor, Hope Uzodinma, over his publication of the book titled “One Decade of Progressive and Impactful Leadership in Nigeria”, the President recalled his administration’s path to progress and economic change.
“Ten years ago, our great party came into office with a promise of change. That change is being witnessed here today.
“I stand before you confident, yet humble enough to say that Nigeria is no longer where it was ten years ago. We’ve passed that. We promised a change. Today, I can confidently tell you that the worse is over.
“I know what I took over. Don’t go back. Go forward. We have a renewed hope agenda, and we have people governed by Hope. Isn’t that celebrative enough?
“Under the leadership of President Muhammadu Buhari, our party began the work of stabilisation. May his soul rest in peace.
“Many years past, mistakes were made. But the direction of our country shifted to be better ever since. We came to power.” Tinubu said.
The President highlighted some of his administration’s accomplishment, including the recent growth in the country’s Gross Domestic Product (GDP) as well as the drop in inflation.
“In the second quarter of the year 2025, Nigeria’s economy grows by 4.2 percent. That growth is with purpose not just on paper.
“It is real growth. Inflation has fallen to 20.12 percent in August, the lowest in more than three years. This means relieve is surely written out to our people
“You may not feel it yet, be patient. I thank you for your resilience, endurance, perseverance.
“Nigeria is changing for better. You will get the benefits. Today, our external reserve stands at $42.03bn, the highest since 2019.
“This is the prove that Nigeria is regaining its strength and credibility in the global economy. Our trade surplus rose by more 44 percent in the last quarter while manufacturing effort surged by 173 percent.” He said.
These numbers, according to Tinubu, speak of a Nigeria that is producing, exporting, and competing more than ever before.
The President however vowed to continue steering the wheel of the country towards steady development.
“It is a better Nigeria. Naira is steady, foreign exchange reforms, and investment are restoring confidence in our economy.
“Still, we are not yet where we ought to be. We will continue to work but steadily now with our hand on the plough, No looking back. We are going to get to top of the mountain. Recovery is undeniable.” He said.