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We Are Restoring Confidence In Nigerian Economy – Tinubu - Politics - Nairaland 2r5e43

We Are Restoring Confidence In Nigerian Economy – Tinubu (19520 Views)

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BeeBeeOoh(m): 7:59pm On Sep 10, 2024
President Bola Tinubu has reiterated his istration’s efforts to restoring confidence in Nigeria economy through measures aimed at reducing inflation, stabilising the foreign exchange market, and improving fiscal management.

Tinubu stated this on Tuesday at the 17th Annual Chartered Institute of Bankers of Nigeria, CIBN, Banking and Finance Conference held in Abuja.

Represented by his vice, Kashim Shettima, the president described theme of the CIBN Conference, ‘Accelerating Economic Growth and Development: The State of Play and the Way Forward,’ as timely and imperative.

He noted that the conference came at a time the nation was grappling with interrelated challenges.


Tinubu identified the challenges as high inflation, rising costs of living, unemployment, infrastructure deficits and effects of global economic shifts.

He observed, however, that the challenges also present opportunities for growth and development.

In addressing the challenges, the President said that the istration had taken bold but painful steps to reform the macroeconomic environment.

“Though painful in the short term, the removal of fuel subsidies is designed to free up budgetary resources for critical investments in infrastructure and social services.

“The adjustment of the monetary policy rate, a move aimed at curbing inflation and fostering a more market-oriented exchange rate system,” he said.

Tinubu also noted that his istration was committed to strengthening infrastructure development in the ongoing bid to grow Nigeria’s economy.

“We are committed to upgrading Nigeria’s infrastructure to economic growth.

“We are investing in roads, railways, and energy projects through public-private partnerships to reduce transportation costs and improve market access,” he said.

https://dailypost.ng/2024/09/10/were-restoring-confidence-in-nigeria-economy-tinubu/

6 Likes 8 Shares

Boggee1(m): 8:01pm On Sep 10, 2024
grin grin

29 Likes

Melagros(m): 8:07pm On Sep 10, 2024
COMRADES are speechless, Tinubu is a lier

140 Likes 7 Shares

BlackSpanner: 8:16pm On Sep 10, 2024
grin grin

52 Likes 2 Shares

givedemwotowoto: 8:16pm On Sep 10, 2024
reiterated his istration’s efforts

After one year this man is still whining about his efforts

It’s like that your boss that makes you do all the work, and still owes you salaries, makes extravagant company expenses for himself, but talks about his commitment to the staff at every meeting

134 Likes 5 Shares

givedemwotowoto: 8:17pm On Sep 10, 2024
“Though painful in the short term, the removal of fuel subsidies is designed to free up budgetary resources for critical investments in infrastructure and social services.

Critical investments here include the white elephant coastal highway of fraud, and refinery turnaround maintenance unlimited.

Social services include rice donations close to 2027 elections

grin

63 Likes 7 Shares

Coolsperm: 8:17pm On Sep 10, 2024
Can you imagine this drug addict

149 Likes 8 Shares

obiekunie01: 8:20pm On Sep 10, 2024
correct man!

jagabandotucomu! grin grin

6 Likes 1 Share

Sirianese: 8:21pm On Sep 10, 2024

32 Likes 4 Shares

Artscollection: 8:22pm On Sep 10, 2024
Ewu anyi kwu gi na azu, gwo gwo gwo. Everybody go learn this time around not just the students.

45 Likes 1 Share

MEEVEET: 8:22pm On Sep 10, 2024
Everyone complaining about Tinubu istration are not well

Honestly we are should be pressuring national Assembly to amend the electoral act to

Remove LGA collection of results
Have a central collection base
Result must be submitted at the polling unit

If the above is done then tinubu is a temporary problem

22 Likes 2 Shares

miiraaj: 8:23pm On Sep 10, 2024
This man no well wallahi... cheesy

41 Likes 2 Shares

festacman(m): 8:23pm On Sep 10, 2024
What confidence? Which economy? cheesy

22 Likes 1 Share

yarimo(m): 8:27pm On Sep 10, 2024
Well said Mr president, Nigerians are happy to have you as president

55 Likes 2 Shares

oyichi: 8:29pm On Sep 10, 2024
The biggest fool ever known, insatiable criminal

57 Likes 3 Shares

TheTundeMuniru: 8:36pm On Sep 10, 2024
A man known to be wise once said "in other for Nigeria to be great again, great daunting sacrifices must be made to restore her Glory"

Sacrifices that would shook foundations, sacrifices that will halt the Nation.

Maybe Tinubu is right after all, maybe all our sufferings are sacrifices for a better tomorrow, sacrifices for a Glorious Nigeria. Just Maybe.

Risingblue008:


Thats one of the most stupid statement i have ever read on this platform

To even think Nigeria will turn London overnight is a Stupid thought in its own right. Or to think a man who managed a State like Anambra would be the right man to save Nigeria from sinking is completely crazy.

geoworldedu:
One thing about sacrifice is that the lower animals are the ones slaughtered for that purpose. Person wey no get money na him go be sacrificial lamb when the rich will remain unscathed. Also, whatever you use for sacrifice doesn't stay alive. The sacrifice will be over after the poor masses are almost eradicated from the surface of the earth.

But sacrifice must be made?

4 Likes 1 Share

chidiokay: 8:38pm On Sep 10, 2024
YEYE govt ! How favourable is shunning up interest rate and raising taxes to SMEs

The ongoing sheningans between dangote and govt does it rekindle confidence in investors

In a country where purchasing power is already eroded what suffice to propel the economic .

Tinubu must think investors are stupid no wonder he keeps travelling around with nothing to show .. investors use there eye more than there ears

18 Likes 2 Shares

WhizdomXX(m): 8:47pm On Sep 10, 2024
With Inflation at an all time high.
If only opposition parties could unite, Tinubu will be roasted before 2027.

13 Likes 1 Share

BlocksNG(m): 8:48pm On Sep 10, 2024
May thunder ⚡ fire this baboon, ogun lo ma pa family e, bedwetter.

26 Likes 1 Share

Amaso99(m): 8:48pm On Sep 10, 2024
What do you even know about economy?
Businesses are closing down you're talking about confidence.
Confidence kpai you there

20 Likes 3 Shares

Ttipsy(f): 8:49pm On Sep 10, 2024
Keep deceiving your fellow Heediots

18 Likes 1 Share

Samogloby: 8:49pm On Sep 10, 2024
This Tinubu dey ment walahi

10 Likes 2 Shares

Nicoddemus(m): 8:49pm On Sep 10, 2024
Always talking on drugs hallucination.

Why them no pour this man for tissue sad

God abeg who did we offend

7 Likes 1 Share

manuelkel(m): 8:49pm On Sep 10, 2024
Thank you Mr President, the only good thing you've done so far is to take us back to old national anthem that you can't even recite.
Thank you Bola Ahmed Tinubu, nkita rachapia gi anya.

6 Likes

valentineuwakwe(m): 8:49pm On Sep 10, 2024
With fuel at N1300 and climbing to the target of N1500 your government wants it to reach?


Oga forget all this long talk.....The economy wont eats words!

9 Likes

sulaak(m): 8:50pm On Sep 10, 2024
Tinubu can fix Nigeria's economy even if he tried

1 Like 1 Share

anifranklyn67: 8:50pm On Sep 10, 2024
Is this man normal

10 Likes 2 Shares

Praktikals1000: 8:50pm On Sep 10, 2024
grin
NaijaMutant(f): 8:50pm On Sep 10, 2024
anifranklyn67:
Is this man normal


Certainly not.

Highly delusional

7 Likes 2 Shares

Darlingjay1(f): 8:50pm On Sep 10, 2024
Gwo gwo gwo ngwo
43Ronin: 8:51pm On Sep 10, 2024
grin
Manager001: 8:51pm On Sep 10, 2024
This man deserved to be stoned

16 Likes 3 Shares

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