NewStats: 3,265,496 , 8,186,983 topics. Date: Sunday, 15 June 2025 at 11:09 AM 58672x

President Bola Tinubu says there is no going back on the reforms introduced by his istration.

During his inaugural speech on May 29, 2023, the president announced removal of fuel subsidy and also directed the Central Bank of Nigeria (CBN) to collapse the existing exchange rates.

Consequently, the apex bank directed Deposit Money Banks to remove the rate cap on the naira at the Investor’s and Exporters’ Window of the foreign exchange market, resulting in free-floating of the national currency against the dollar and other global currencies.

The official exchange rate had risen by over 60 per cent as the naira fell from 471/dollar to 664.04/dollar and closed the week later at N663.04/dollar.

The Nigerian currency continued losing ground till it reached all-time low of over N2000 to a dollar.

Removal of petroleum subsidy also led to more than triple increase in the pump price of petrol, resulting in inflation.

Critics have accused the president of poorly executing his policy, saying he ought to have conducted feasibility studies ahead of implementation.

Following the nationwide hardship, there have been calls on the president to reverse some of his policies.

But speaking while receiving a delegation from the Corporate Council on Africa (CCA) led by Florizelle Liser, CCA’s President and Chief Executive Officer, in Abuja, on Thursday, Tinubu said, We are right in the middle of a challenging stage of our reforms. We have headwinds, no doubt, but we are not going back.”

He reiterated his unwavering commitment to Nigeria’s economic growth and stability, emphasizing that he is not relenting 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 State, which establishes connectivity for the entire South-South region of Nigeria with Europe, and other parts of Africa via the Atlantic Ocean.

Highlighting the significance of this accomplishment, the President noted that with the right policies, partnerships, and determination, Nigeria can overcome long-standing developmental challenges that have encumbered rapid progress across sectors.

Drawing on his extensive experience in corporate governance and interactions with CCA during his tenure as the two-term governor of Lagos State, President Tinubu expressed satisfaction with 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 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,” he said.

President Tinubu reaffirmed his commitment to creating an enabling environment for business to thrive, emphasizing that his istration’s focus on investing in key sectors, such as agriculture, solid minerals, energy, health, physical infrastructure, trade promotion, financial services, digital enterprise, and the creative economy is underpinned by the need to ensure the welfare and prosperity of citizens.

”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.

In her remarks, Ms. Liser expressed CCA’s commitment to ing Nigeria’s economic growth through the eight priority areas outlined by President Tinubu’s istration.

She invited President Tinubu to consider participating in CCA’s US-Africa Business Summit in May in Dallas, Texas, and urged him to consider CCA as a partner in enhancing USA-Nigeria trade, business, and investment.

https://dailytrust.com/breaking-despite-challenges-no-going-back-on-my-reforms-says-tinubu/?fbclid=IwAR26wfcWLEuK8TXK8dl5CaFUR8yrz4CzavpzKTOWv5hk200zCGOqUckjlL0

Without sentiment or hatred, you are just a disaster to Nigeria. You don't have any reform blueprint for this country. Just stop this cheap lie at your old age drug master. I am sure you have taken your normal routine.

No be only reform me refoam.

na wetin we go hear till 2027 be this.

This is the best president

Pepper them Sir, until there are very few zombies remaining. Just use hunger and starvation and deal with them.

Despite Challenges, No Going Back On My Renewed Shege ~Tinubu 😂

That’s a bold and courageous leader who knows what to do. Correcting the mistakes of the past is not an easy process. The reforms, though painful, is the only sensible option considering our current situation. We must all endure and allow the process to achieve desired outcome.

No Matt the challenges in the economy, Nigerians will survive it. Tough time never last in Nigeria 🇳🇬

The thing to do about making people happy is not to give them a job, you first give them hope.

So, the government ought to be communicating hope.
They ought to be saying ‘we are going through this difficult period but there is light at the end of the tunnel.


God bless Nigeria 🇳🇬

Quote :

It is not that Nigerians cannot live with high food prices.
They will always find ways to manage difficult situations. Even IBB (Babangida) said he doesn’t know why Nigeria has not collapsed,” he said.
The problem we have is that the government is not communicating hope.
If you communicate hope and say to a person who has malaria that ‘don’t worry, in two weeks’ time you will be well’, that will lift the person’s spirits because he has that hope.

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,”

Slow and steady we will get to the nation of our dreams.
A land flowing with milk and honey.
Naija go soon sweet 😋

Reforms or destructions

E patewo fun Tinubu...

Reforms that had been secretly re-reformed. Tell us that the office is bigger than you and your corrupt cabinet. Unam ikòt nkpò.

Confused jagaban, please step down, we call you ahero

Reforms? Wetin you reform? You destroyed Nigeria!

The best president ever


I'm sure in due time, Nigeria will be reformed


1$ will equal 1Naira very soon

Let's hands together and move NIGERIA forward

Continue standing on his womandate very soon they will stand on his child-date

Clueless clown.

Jagaban.

You are the president of the federal republic currently.

Try everything you want to try now, it is your government and you are the commander-in-chief. I personally believe in you and will be waiting patiently to see the fruit of your reforms in the nearest year.

If by 2027, the electorate check your scorecard and we see that your policy do not yield the result at that time, we simply vote you out and bring someone else in.

He built Lagos, we never see anything. Shege promax has started.

chisomkachy:


https://dailytrust.com/breaking-despite-challenges-no-going-back-on-my-reforms-says-tinubu/?fbclid=IwAR26wfcWLEuK8TXK8dl5CaFUR8yrz4CzavpzKTOWv5hk200zCGOqUckjlL0

Alagidi

No worries, we no dey go anywhere, we must see the end

seunmsg:
That’s a bold and courageous leader who knows what to do. Correcting the mistakes of the past is not an easy process. The reforms, though painful, is the only sensible option considering our current situation. We must all endure and allow the process to achieve desired outcome.

May the reforms locate you accurately in the same way they locate the generality of Nigerians. Amen.

LegendHero:
Jagaban

Jagaban wetin...

Their kids are outside the country enjoying to the fullest, meanwhile Nigerians have been asked to pray

Very arrogant, one of the reasons why I didn't him....

LegendHero:


Jagaban Borgu.

The GCFR of the Federal Republic of Nigeria.

President of Atiku
President of Sowore
President of Peter Obi

That's all you care about, politics....

BobbieZion:


Jagaban wetin...

Jagaban Borgu.

The GCFR of the Federal Republic of Nigeria.

President of Atiku
President of Sowore
President of Peter Obi

Agbado

Tinlupoo I will come to aso rock and kill you