Connect with us

News

“We Must Be Patient and Work Hard to Rebuild Nigeria’s Economy” – Tinubu

Published

on

Photo source: Google

President Bola Ahmed Tinubu has urged Nigerians to embrace hard work and patience, stating that there are no more free rides when it comes to the country’s economic realities.

He emphasized the need for the population to focus on sectors like agriculture while the government works on rebuilding and restructuring the economy.

Tinubu expressed this during a meeting with the Forum of Former Presiding Officers of the National Assembly, led by former Senate President Ken Nnamani, in Abuja.

Addressing the concerns of many citizens facing economic challenges, Tinubu acknowledged the difficulties people are experiencing, especially with rising prices and economic instability.

“I understand that people are hungry and struggling,” he said, “but we cannot continue like this.

Advertisement

There is no free beer parlour anymore. We must be patient and work hard as we retool and rebuild Nigeria’s economy.”

His remarks come as his administration continues to implement significant economic reforms aimed at stabilizing the country.

Nigerians have been grappling with the effects of two major economic policies introduced shortly after Tinubu took office.

One of these was the removal of the fuel subsidy, a move that led to a sharp increase in the cost of petrol.

On his first day in office, the price of fuel tripled, and as of Friday, some filling stations in Abuja were selling petrol for between N950 and N1,100 per litre.

Advertisement

Another policy, aimed at unifying the exchange rate system, resulted in a dramatic depreciation of the naira.

Before Tinubu’s presidency began on May 29, 2023, the naira was trading at around N600 to the dollar.

Now, just a few months later, the exchange rate has soared, with the naira trading at over N1,500 to the dollar at the official market.

Despite these economic challenges, Tinubu has remained firm in his approach, urging Nigerians to trust in the government’s long-term strategy to rebuild the economy.

He stressed that while the current hardship is undeniable, the necessary reforms are critical for the country’s future prosperity.

Advertisement

Tinubu’s call for patience and hard work reflects his administration’s belief that these changes, though painful, are essential for Nigeria’s economic recovery.

The president’s words highlight the significant shift in expectations for the country, as the days of relying on government subsidies and support appear to be coming to an end.

His administration is focused on fostering self-reliance and resilience among Nigerians, particularly through sectors like agriculture, which he views as key to the country’s economic revival.

As Tinubu’s policies take shape, the nation watches to see how his economic vision will unfold in the coming months.


 

Advertisement

News

Pastor Kumuyi Says His Wife’s Death Motivated His Global Fight Against the Devil

Published

on

Photo source: Google

Pastor William Kumuyi, the General Overseer of Deeper Christian Life Ministry, has opened up about how the death of his wife, Abiodun, in 2009 pushed him into what he describes as a mission of revenge against the devil. Speaking during the Global Workers’ Conference, Kumuyi revealed that he received the heartbreaking news just after preaching at Faith Clinic.

He believes the devil struck while he was away from home. Since then, he said his response has been to take the gospel even further, using his ministry to fight back. In his words, the next chapter of his calling has been all about “revenge.”

Since her passing, Kumuyi has intensified his efforts, traveling across nearly every local government in Nigeria, reaching all African nations, and visiting continents around the world. He remarried in 2010, but says his wife’s death marked a turning point in how far and wide he spreads the gospel.


 

Continue Reading

News

Nigerian Gospel Singer Big Bolaji Laid to Rest in Ibadan

Published

on


Late gospel singer, Big Bolaji was out to rest at the funeral ceremony held in Ibadan, Oyo state.

It can be recalled that the late singer passed away from an illness on the 19th of April, 2025.

Friends, family and colleagues gather at the ceremony to honour their late friend and singer. Many also take to social media to share a heartwarming tribute to the gospel singer.


 

Continue Reading

News

Tinubu Says Ending Fuel Subsidies And Fixing Taxes Are Helping Nigeria

Published

on

Photo source: Google

Two years into his administration, President Tinubu highlights key achievements in Nigeria’s economy and social sectors. He reminds Nigerians of the tough choices made early on, like removing fuel subsidies and fixing foreign exchange policies, to stop the country from slipping into crisis. These bold moves have started to pay off.

Inflation is easing, staple food prices are dropping, and the oil sector is seeing renewed growth with billions invested. The government has improved revenue collection, narrowed the fiscal deficit, and built up reserves to protect Nigeria from shocks.

Tax reforms are helping small businesses and protecting low-income families by cutting VAT on essentials like food and education. The administration is also supporting new industries through targeted incentives and making trade easier and fairer.

On the social front, health services are expanding with thousands of primary health centers being upgraded and new cancer treatment centers opening. Free and subsidized medical care is reaching more Nigerians, while health insurance coverage grows steadily.

The president also points to progress in education, youth empowerment, and infrastructure development as the foundation for long-term growth. Despite challenges, these efforts show that Nigeria is moving in the right direction, building a stronger economy and better future for all its people.

Advertisement

 

Continue Reading

Trending