Economic Policies Yielding Positive Results Despite Challenges, says Pres Tinubu

President Bola Tinubu has stated that the economic policies implemented since his assumption of office are beginning to yield the desired outcomes, despite their initial harsh impact on Nigerians.

Speaking at the 34th and 35th convocation ceremonies of the Federal University of Technology, Akure (FUTA), Tinubu, represented by the Vice-Chancellor of the University of Ilorin, Prof. Wahab Egbewole, emphasized the necessity of the policies to address the country’s economic challenges.

The President highlighted the transition from a consumption-driven economy to a production-focused one, noting the importance of national unity and collective support in achieving sustainable growth.

“The need to salvage the future of our children and bring the country back from the brink of collapse necessitated the strategic decisions to remove the fuel subsidy and unify the exchange rates,” Tinubu said.

While acknowledging the difficulties faced by citizens, he expressed optimism about improving economic conditions.

“The macro-economy of our dear country is improving by the day and beyond expectations.

The micro-economy, which directly affects our citizens, is also taking shape gradually with positive results,” he added.

Tinubu assured Nigerians that better days lie ahead, saying, “By the grace of the Almighty God, every household will experience a better life and have brighter hope for the future.”

On security, he stated, “We are working hard to ensure the safety of every Nigerian in every part of the country.

Our security architecture is up to the task, and the ugly narratives of the past are changing for good.”

The President also reiterated his administration’s openness to constructive criticism and public engagement to build a prosperous and secure Nigeria for all.