Home Politics Tinubu confident, declares “No more local borrowing, we’ve met revenue target”

Tinubu confident, declares “No more local borrowing, we’ve met revenue target”

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Tinubu declares "No more local borrowing, we've met revenue target"
President Bola Tinubu boasted on Tuesday that his administration had achieved its annual revenue goal, mostly from non-oil sources.

The President added that the government no longer borrows funds from domestic banks and that the nation has stabilised. He said that the administration’s next task is to create jobs for the populace.

Speaking to his supporters, President Tinubu told them not to let anyone threaten them over the 2027 elections. The Buhari Organisation (TBO), was composed of the former Congress for Progress Change, or CPC, and was led by Senator Umaru Tanks Al-Makura, the former governor of Nasarawa State, who was in the seat of power on a solidarity visit.

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He said that the economy is stabilized, and nobody trades a piece of paper for the exchange rate anymore.

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According to President Tinubu, the visit reminded him of the early days of the partnership between the heritage political parties, when they met down to decide how to proceed. He said, “We disagreed to agree.” We even disagreed about a symbol. I’m inspired to put in more effort when I see folks like you.

Tinubu further claimed to be carrying on the late President Muhammadu Buhari’s legacy and pledged to do more with diligence and careful thought.

He pledged to provide ambassadorial positions to members of the now-defunct CPC who stayed with the APC despite not receiving any political appointments.

Tinubu said, “I couldn’t appoint everybody at once, and thank you for your patience. I still have some slots available for ambassadorial positions that many people are craving for.

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President Bola Ahmed Tinubu

“First of all, we are fixing the economy. Bringing hope to the people. That is what we are looking for. And that is who is here. Thank you for believing in me. The economy is stabilised; nobody is trading a piece of paper for an exchange rate anymore

“What we need now is building the ship, bedrooms for export and import to buy goods and create jobs for the people.

“There is a guarantee that I know, many of you have to suffer the initial abuse and the fear, where are we going? We know the direction we are heading, and we are moving upward.

“Those who may not know, now know, as I am standing before you, I can brag that Nigeria is no longer borrowing a dime from local banks.

Read Also: Presidency boasts, says “Tinubu’s reforms are working” as Chinese traders reject dollar, opt for naira

Tinubu
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“We have met our targets of revenue for the whole year, and we met it in August. I received it this morning. If non-oil revenue is doing well, then I have no fear of whatever Trump is doing on the other side.

“I have just signed up for a huge mechanization program that every region will have a mechanized center for agricultural mechanization and have trainees and all of that. I believe that is our path to food sovereignty and food security.

“If we remove hunger, we have defeated poverty. All I can promise you is where we started and where we are going. The path to Nigeria’s recovery, we are on it. Don’t let anybody threaten you with any uncertainty. We are confident that we will succeed. Part of what we inherited from Buhari was his honesty, transparency, and justice; that’s all.

“You won’t have anything less than that. You will have joy at the end of this journey and we will definitely put  something together to build a Buhari House that house will be a house of joy and prosperity.”

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Tinubu

Speaking earlier, Senator Tanko Al-Makura, the delegation’s leader and a former Nasarawa State governor, gave the President the assurance that the CPC caucus within the APC was still fully behind his administration and would mobilise across the country to secure the party’s success in the upcoming election.

In addition, Al-Makura, who was representing the delegation, gave Tinubu the assurance that he would be loyal: “We are with you in loyalty, in person, and in purpose.”

While praising Tinubu for maintaining peace and stability and guiding the nation through difficult economic times, the former governor of Nasarawa state also praised the president for paying tribute to their late mentor and leader, former President Muhammadu Buhari.

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