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

FG lauds A’Ibom ‘pace-setter’ Airport as maiden int’l flight takes off

By Emeka Samuel,UyoAs the Victor Attah International Airport kick-starts...

China Slams Taiwan Leader Over Eswatini Trip, Reiterates Reunification Stance

Chinese authorities have sharply criticised Taiwan leader Lai Ching-te,...

Correspondents Chapel, FCT NUJ, Hosts Public Health Awareness Conference

By Patrick WemambuCorrespondents Chapel of the Federal Capital Territory...

EFCC Re-arraigns Lawyer for Alleged N91 Million Land Fraud in Enugu

By Francis WilfredThe Enugu Zonal Directorate of the Economic...

Bayelsa ESA Drags Hotel to Court Over Illegal Sewage Discharge

The Bayelsa State Environment and Sanitation Authority (ESA) has...

One killed, two injured in fresh bandits attacks in Kogi Community

From Noah Ocheni , Lokoja Unknown  gunmen suspected to be...

One Killed, Two Injured in Attacks on Kogi Communities

By Noah Ocheni, LokojaA resident has been killed and...

NIESV Seeks Stronger Government Partnership to Unlock Kogi Assets Through Valuation

By Noah Ocheni, LokojaThe Nigerian Institution of Estate Surveyors...

Pursue 2027 Ambitions Lawfully, Diri Tells Bayelsa Politicians

Governor of Bayelsa State, Senator Douye Diri, has advised...

Epie-Atissa Kingdom Backs Clifford for APC Ticket

Stakeholders of the Epie-Atissa Kingdom have thrown their weight...

FUL Political Science Department Felicitates Prof. Salisu Usman Ogbo as Vice-Chancellor, PAAU Anyigba

From Noah Ocheni, LokojaThe Department of Political Science, Federal...

PDP Crisis: Wike Challenge Turaki led- Rival Faction to Commence operational Secretariat

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

Related Articles

Popular Categories

spot_imgspot_img