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Friday, February 23, 2024

Tinubu says no retreat, no surrender on economic reforms despite worsening hardships

“We are challenged, and we believe we will overcome the challenges. I have a can-do attitude that must be translated into a must-do attitude,” said Mr Tinubu.

• February 23, 2024
Bola Tinubu and Kashim Shettima
Bola Tinubu and Kashim Shettima

President Bola Tinubu says his administration remains steadfast in implementing necessary economic reforms to facilitate business growth and create investment opportunities.

He said this when he received a delegation from the Corporate Council on Africa led by Florizelle Liser, CCA’s president and chief executive officer, on Thursday in Abuja.

Mr Tinubu also reiterated his unwavering commitment to Nigeria’s economic growth and stability, emphasising that he will not relent until his vision for Nigeria is achieved.

The president commended the recent landing of a 45,000-kilometre submarine fibre optic cable in Akwa Ibom, establishing connectivity for the South-South with Europe and other parts of Africa via the Atlantic Ocean.

He said with the right policies, partnerships, and determination, Nigeria would overcome the long-standing development challenges that have encumbered rapid progress across sectors.

Mr Tinubu recalled his extensive experience in corporate governance and interactions with CCA during his tenure as the two-term governor of Lagos.

He commended the corporate council’s dedication to fostering business connections between the United States of America and Africa.

“I am happy that the council is interested in various segments of Nigeria’s economy. We are right in the middle of a challenging stage of our reforms. We have headwinds, no doubt, but we are not going back.

“We are challenged, and we believe we will overcome the challenges. I have a can-do attitude that must be translated into a must-do attitude. We have a good team, and we must remain focused to get the goal accomplished,” the president said.

Mr Tinubu reiterated his commitment to creating an environment enabling businesses to thrive to support Nigeria’s growing population.

He committed to more investment in key sectors, such as agriculture, solid minerals, energy, health, physical infrastructure, trade promotion, financial services, digital enterprise, and the creative economy.

“We are going to do more on security and investing in education, as we believe that education is the greatest weapon against poverty. We welcome partners like CCA, and we will strengthen our partnership to achieve our goals,” he said.

(NAN)

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