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“We Must Be Patient and Work Hard to Rebuild Nigeria’s Economy” – Tinubu
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.
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.
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.
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.
News
Man Found Alive Nearly Two Weeks After Balogun Market Fire Incident
An update has been shared on the burnt building at Balogun Market on Lagos Island, as it was revealed that a man was rescued 11 days after the building caught fire.
According to reports, the man was found alive on January 6, 2026, after being discovered under the rubble of the collapsed structure.
The survivor has since been taken for proper medical care, while further details are yet to be released.
Meanwhile, passersby and market traders have expressed concern, fearing that more people may still be trapped alive inside the building.
News
Anthony Joshua Discharged from Hospital After Fatal Car Crash
It has been reported that Anthony Joshua has officially been discharged from the hospital following the terrible car crash that claimed the lives of his two closest friends and supporters.
The boxing star was deemed stable enough to go home after the accident. After his discharge, he visited the funeral to pay his respects and see the bodies of his two friends.
Many have expressed grief and offered their support to the boxing star, praying that he will be able to find peace, as grief will undoubtedly be one of the most painful challenges he will face in life.
News
‘Government Prioritizes Money More’ — PDP Calls Out FG On New Tax Law
It has been shared that the Peoples Democratic Party (PDP) is calling on the federal government to suspend the tax law set to take effect on January 1, 2026.
This was revealed in a statement released by Ini Ememobong, National Publicity Secretary of the PDP. He stated that this new law shows how Nigerians and the masses will be affected, arguing that the government is prioritizing finance over security and other pressing matters.
“Rather than address these issues comprehensively, the Presidency has consciously minimized them and instead insisted that the commencement date must stand, despite the discrepancies,” the party said, adding that this “clearly shows where the priority of the government lies between Nigerians and money.”
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