President Bola Tinubu has doubled down on his administration’s pursuit of bold economic reforms, acknowledging the short-term hardship while stressing their long-term necessity for national growth and foreign investment.
Speaking on Friday at the State House in Abuja during a meeting with Dr. Mohammed bin Abdulaziz Al-Khulaifi, a special envoy from the Amir of Qatar, Tinubu reiterated that his administration’s decisions—particularly in taxation and fiscal management—are deliberate steps towards reshaping Nigeria’s economic foundation.
“Our reforms have been hard because we needed to break away from past habits,” Tinubu said, according to a statement from presidential spokesman Bayo Onanuga. “But we are making progress. We are seeing the light at the end of the tunnel.”
Tinubu, however, urged both citizens and international partners to stay the course, assuring that the reforms are essential for building a more resilient and investor-friendly economy.