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.