Amidst biting economic hardship that has driven prices of goods and services to the zenith and has made life unbearable for Nigerians, President Bola Ahmed Tinubu has assured Nigerians of his government’s commitment to tackle inflation in the country.
Tinubu, who said the Nigerian economy has improved, noted that the future of Nigerians would be brighter as the path to take the citizens out of poverty has been cleared with his signing into law of the Student Loans Re-enactment Bill.
The president said this when he hosted members of the All Progressives Congress (APC) Presidential Campaign Council and the Independent Campaign Council (ICC) to Iftar at the Presidential Villa in Abuja on Wednesday night. He said: “The only thing that can fight poverty is education. Today (Wednesday), I signed the bill for the Student Loan Scheme.
“Imagine the children of the poor; what about people going through the mud, fishing in the ponds? How do you tell their children that their future will be brighter? It is only through education that we can fight poverty. A promising future awaits our children.
“The economy is looking much better. Yes, we have challenges of inflation, but we will bring it down. When the exchange rate was going haywire, it looked like we were asleep, but we worked on it diligently, and it is going down; it is getting better. “Borrowing was higher a year ago, but today, we are reengineering the financial landscape, and our revenue is expanding. And we are taking up our sovereignty and earning our respect back in the comity of nations.”
Acknowledging the members of the PCC and ICC for their rigorous efforts toward his election, President Tinubu said: “It is your footwork and footprints that made me the president. “I campaigned on hope, and you promised Nigerians hope and a good result when campaigning for me. There are a lot of expectations. I, therefore, have to work hard for it. There is a windy road we are travelling on. We have to navigate carefully. Otherwise, one ends up in the bush, and that is all I have been focused on.
“It is your effort, resourcefulness, and dedication that has brought us here. The results will not come suddenly, you have endured the campaign, you must endure more, and I assure you that a very bright light beckons for you and your children. Nigeria will prosper, and we will all reap the benefits. We will work with determination and persistence.” While urging Nigerians to continue to have faith in Nigeria by supporting his administration to succeed for the benefit of all, Tinubu noted that “Europe and America did not get to where they are today in one day, but through persistence and hard work, which takes time and consistent focus.”