x

Tinubu: Nigeria’s Economy Stable, Revenue Target Met Despite Global Pressures

President Bola Tinubu has assured Nigerians that the economy is now stable and resilient, stressing that the country has already met its 2025 revenue target as early as August.

Speaking at the Presidential Villa while receiving former members of the defunct Congress for Progressive Change (CPC), Tinubu declared that Nigeria was no longer borrowing and had reduced its dependence on external factors.

“Today, I can stand before you to brag — Nigeria is not borrowing. We have met our revenue target for the year and we met it in August. Let Trump do his worst, we are stable,” Tinubu said.

The President attributed the progress to improved non-oil revenue, exchange rate reforms, and fiscal discipline. He noted that the naira had stabilised around ₦1,450 to the dollar from a previous high of ₦1,900, without backdoor forex deals.

He also unveiled plans for a nationwide agricultural mechanisation programme, describing food security as the key to ending poverty.

Addressing CPC stakeholders, Tinubu acknowledged delays in political appointments but promised to accommodate more members in ambassadorial roles. He praised the bloc’s loyalty, recalling their role in the merger that produced the APC, and vowed to honour the legacy of late former President Muhammadu Buhari.

House Speaker Tajudeen Abbas and Senator Tanko Al-Makura, who led the delegation, pledged the CPC family’s full support for Tinubu’s administration and second-term bid, commending him for the dignified handling of Buhari’s burial and commitment to shared values of discipline, justice, and economic sovereignty.

Tinubu concluded by reaffirming his resolve to deliver prosperity for all Nigerians, insisting that the country is firmly on the path of recovery.

Hot this week

FCTA Scales Up Funding for Renovation of PHCs in Abuja

By Joyce Remi-BabayejuThe Federal Capital Territory Administration, FCTA,...

Today’s football match fixtures

Here’s a clean, reader-friendly rewrite of today’s global football...

JUST IN: ISWAP Launches Deadly Attack on Military Base in Borno, Soldiers Feared Killed

Several soldiers are feared dead while others sustained injuries...

Christian Leaders Caution Against Labeling Nigeria as ‘Country of Particular Concern’

...Say such designation could escalate violence, weaken security responseBy...

Council Meeting: Wike Slams Blackmailers, Says, I Remain Focused to Achieve Results

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nysome Wike,...

Corruption Is More Than Stealing Money, Says ICPC Chairman

The Chairman of the Independent Corrupt Practices and Other...

DHQ Explains Delay in Soldiers’ Allowances, Blames System Glitches

The Defence Headquarters (DHQ) has attributed the recent delay...

BREAKING: Senate Begins Screening of INEC Chairman-Designate, Prof. Joash Amupitan

The Senate has commenced the screening and confirmation process...

JUST IN: NMA Declares Nnamdi Kanu Fit for Trial, Says Illness Not Life-Threatening

The Nigerian Medical Association (NMA) has informed the Federal...

Uma Ukpai: PFN plans Posthumous Thanksgiving in Uyo, Lagos, Abuja

By Ogenyi Ogenyi,UyoFollowing the announcement of the passing on...

Match fixtures

Scottish Championship16:00 CEST ArbroathvSt Johnstone 16:00 CEST AyrvMorton 16:00 CEST PartickvRoss...

2026 Hajj: FCT Pilgrims to Enjoy Seamless Exercise, MPWB Vows

By Joyce Remi-Babayeju The FCT Muslim Pilgrims Welfare Board...

Related Articles

Popular Categories

spot_imgspot_img