Economy is turning around, tough reforms yielding fruits — Tinubu
President Bola Tinubu has expressed confidence that Nigeria’s economy is on the path to recovery, noting that the difficult economic reforms implemented since he assumed office in May 2023 are beginning to yield positive results.
Speaking in Katsina over the weekend, the President said the country had passed through a tough phase but is now seeing the rewards of bold decisions taken in the national interest.
“Nigeria is a success. The economy is turning around, it has bent the corner. When we started, it was challenging. I almost ran away from watching the news or reading the newspaper.
“I just lost courage and stayed put on my decision, believing that the ability of a leader to take a decision at the right time is the hallmark of leadership,” Tinubu declared.
He added, “We took it, stayed with it, and it will be rewarding. It is already bearing fruits.”
Since taking office, Tinubu’s administration has implemented several reforms, including fuel subsidy removal and foreign exchange unification, widely seen as necessary but initially painful for many Nigerians.
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