President Bola Ahmed Tinubu, who is seeking a second term has promised Nigerians greater progress toward development if given the chance.
This comes with less that nine months to the 2027 presidential election is just eight months away.
The president also said his first two years in a possible second term would focus on “more work.” Meanwhile, S&P Global Ratings raised Nigeria’s credit rating yesterday for the first time since 2012, citing higher oil prices and the country’s improved capacity to refine and export crude oil.
Speaking during an interview session on Day Two of the Africa CEO Forum in Kigali, Rwanda, Tinubu firmly defended the elimination of fuel subsidies and the unification of the foreign exchange market in the early days of his administration in 2023 for the umpteenth time.
Tinubu further urged African governments to promote and encourage native businessmen prepared to take significant commercial risks capable of revolutionising the continent.
Recall that President Tinubu arrived Lagos yesterday after his three-nation visit to France, Kenya and Rwanda. The president was received by several key figures.
Accomplishment of the administration
After citing several accomplishments of his administration, he noted that Africa’s economic future would depend largely on governments creating stable policies and investment-friendly environments that would allow private businesses to thrive.
He pledged that his administration would continue implementing difficult but necessary reforms to revive Nigeria’s economy and secure the future of coming generations.
According to Tinubu, his administration’s guiding principles are based on decisive leadership and the guts to make tough choices for the benefit of the populace.
Additionally, Mr. President clarified what he called the early benefits of the changes, saying that the economy had become more predictable and stable, allowing individuals and companies to prepare more effectively.
