President Bola Ahmed Tinubu on Monday said Nigeria has begun to overcome the economic challenges that confronted his administration, declaring that state governors are no longer relying on bank loans to pay workers’ salaries.
Tinubu made the remark while hosting religious and traditional leaders at an interfaith breaking of fast at the Presidential Villa in Abuja, according to a statement issued by his spokesman, Bayo Onanuga.
Reflecting on the country’s economic situation, the President said his administration inherited a difficult fiscal environment but had managed to stabilise the economy through ongoing reforms.
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“I am just grateful, one person among millions, that I have been given the opportunity to serve,” Tinubu said. “And all I can do is promise that I will continue to be faithful in discharging my duty.”
He added, “I can report that the economy has turned the corner. It is getting better. Pensioners are getting their relief gradually. We have saved Nigeria from bankruptcy.”
The President also noted that the financial position of state governments had improved significantly under the current administration.
“No governor in this country is running around the banks to borrow money to pay the salaries of their workers,” he said.
Tinubu further assured Nigerians that the country would not allow agents of instability to threaten its unity and sovereignty, stressing that religious and traditional leaders play a vital role in promoting peace and social harmony.
Culled from The Sun
