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HomeEconomyI’ll not aid in destruction of Nigeria’s economy – Tinubu

I’ll not aid in destruction of Nigeria’s economy – Tinubu

Lagos, June 30, 2023: President Bola Tinubu says he will not partake in the economic destruction of the country by enemies of the nation.

He said the bleeding of the country through the oil subsidy regime was a huge joke that should never be allowed to continue under any guise.

The president stated this on Thursday at a reception in his honour by the Lagos State Government.

“We will be needing the necessary resources to achieve the promise we made to Nigerians during our campaign.

“We need to stop the bleeding of our finances through fuel subsidy and the arbitrary exchange regime. We have no choice.

“We’ve to re-engineer the effectiveness of control and management of our resources in order to meet the obligations owed to Nigerians.

“I could have said yes I want a share of my benefit and participate in the arbitrage. But no, God forbid. That’s not why you elected me,” he said.

The president said that Nigerians would continue to see new and better initiatives for the benefit of, not only the adults, but the children who are the future of the country.

Tinubu pledged to work with the national assembly and state governors in a true separation of powers to achieve the renewed hope agenda of his administration.

The President of the Senate, Sen. Godswill Akpabio, promised to work with the executive arm of government to ensure that Nigerians enjoy the dividends of democracy.

“With what the president has done in Lagos, we are assured that Nigeria is in safe hands.

“We didn’t know this was the plan you had for the country, we wouldn’t have contested with you at the party primaries.

“These few decisions you have taken has served as a catalyst for the country’s development,” he said.

Akpabio said that Lagos has been a model of development for states in Nigeria, adding that the man that did the framework can also do it for Nigeria.

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