Tinubu: Nigeria’s Economy Undergoing Re-Engineering For Prosperity Of All


Dec 28,2023.

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President Bola Tinubu has disclosed that Nigeria, under his Renewed Hope Administration, is undergoing a process of financial re-engineering and appealed to citizens to be patient and supportive of the ongoing reforms which are bound to transform the economy for the better.

The President, who made the declaration Wednesday at the State House in Marina, Lagos State, during a town-hall meeting with traditional rulers, chairpersons of Local Governments and Local Council Development Areas (LCDAs) and other political-office holders in the state, said

the financial re-engineering of the country is ongoing.

He said: “We are determined to deliver Nigeria safely through the tunnel of hope, stability, and economic prosperity.

”Nigeria is in good hands. The team is working, and we will work hard to give you the best economy and the best opportunities that you can imagine”

President Tinubu stated that his administration will not stop working tirelessly to revamp the nation’s economy and create viable opportunities for young people to meaningfully participate in an inclusive, labour-intensive economy where businesses can thrive.

Acknowledging the concerns raised at the meeting, the President explained that the complexities of state matters have limited his opportunities to frequently interact with some of his long-time friends and constituents in Lagos.

”For those having difficulty seeing me, kindly note that this job is monumental. It is not a one-man job. It is a collective task, and you have to be able to listen, decipher, tolerate, and sometimes what you do not expect will happen.

”As I was getting ready this morning to come here, news of the death of Governor Rotimi Akeredeolu of Ondo came in, as well as the passing of former Speaker of the House of Representatives, Ghali Umar Na’Abba.

”Power is transient. Only Almighty Allah gives power, and only him will take it. There is the value of life and the goodness in what we do. The salt of goodness is a multiplier of other good things that we must cherish. Not necessarily for us, but for our children and grandchildren,” the President affirmed.

Reflecting on his tenure as the Governor of Lagos State, President Tinubu recounted the challenges faced and the successes achieved at the time.

According to him: ‘‘To turn the ship around from cascading into turbulence and making it work was not easy. But we went through it, and today, Lagos still remains the most viable state in the Federal Republic of Nigeria, and it will continue on the path of glory. I thank you all”.

Earlier in his speech, Governor of Lagos State, Babajide Sanwo-Olu, thanked President Tinubu for his leadership and for being the pathfinder of “the modern Lagos State”.

”The legacy and blueprint that you created more than 20 years ago and bequeathed to us is still a working and living document that will continue to guide us in delivering quality service to the people,” the Governor said.

Also speaking, Ayangburen of Ikorodu Kingdom, Oba Kabiru Adewale Shotobi, called for a constitutional amendment that recognizes the role of traditional rulers.

”We have come to reiterate our loyalty to the President. We have absolute confidence in your capacity. Under your leadership, we expect Nigeria to attain the most enviable economic status in the comity of nations,” he said.(www.naija247news.com)

Peter Okafor
Peter Okaforhttp://Naija247news.com
Peter Okafor Financial Journalist | Editor | Contributor Overview: Peter Okafor is a seasoned Financial Journalist, astute Editor, and valued Contributor at Naija247news Media Group. With an unwavering passion for dissecting complex financial landscapes, Peter has become a trusted name in delivering incisive and insightful coverage of economic events, market trends, and corporate dynamics. Professional Journey Peter's journey in financial journalism has been marked by a commitment to excellence. Joining the ranks of Naija247news, he has consistently demonstrated a keen understanding of the intricate interplay between finance and the global socio-economic fabric. Expertise: Specializing in financial markets, economic analyses, and business developments, Peter Okafor has honed his expertise over the years. His ability to unravel intricate financial narratives and present them in a comprehensible manner sets him apart in the world of financial journalism. Contributions As an Editor and Contributor, Peter has played a pivotal role in shaping the narrative of Naija247news. His contributions extend to thought-provoking articles, in-depth market analyses, and coverage of key events that impact the financial landscape. Educational Background: Peter holds a degree in Journalism, complemented by specialized courses in Finance and Business Reporting. His educational foundation has provided him with the tools to navigate the intricate world of financial journalism. Innovation and Adaptability: In an era of evolving media landscapes, Peter Okafor exemplifies innovation and adaptability. Leveraging digital platforms and emerging technologies, he ensures that financial insights reach a diverse audience, fostering financial literacy and awareness. Awards and Recognition: Peter's commitment to journalistic excellence has not gone unnoticed. He has been the recipient of several awards, recognizing his outstanding contributions to the field of financial journalism. Vision for the Future: Looking ahead, Peter Okafor envisions a future where financial journalism continues to empower individuals, shape economic policies, and drive positive change. His dedication to staying at the forefront of financial news underscores his commitment to this vision. Connect with Peter Okafor: - LinkedIn: [Peter Okafor](#) - Twitter: [@PeterOkafor_N247](#) In the dynamic realm of financial journalism, Peter Okafor stands as a stalwart, combining experience, expertise, and a forward-looking vision to illuminate the path of financial understanding for a global audience.

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