Economy: Look Beyond Present Pain – Tinubu Urges Nigerians

…. Says Nigeria Exiting Darkness To Enter A New Glorious Down

 

President Bola Tinubu has implored Nigerians to look beyond the “present temporary pain” and believe in the ability of his administration to tranform Nigeria.

Tinubu, in a video posted on his official X handle on Wednesday, admitted that the current economic climate is “tough” on Nigerians, adding that his reforms “would work”.

He said there was an “unavoidable lag between subsidy removal” and the execution of his plans.

“This period may be hard on us and there is no doubt that it is tough on us. But I urge you all to look beyond the present temporary pain and aim at the larger picture,” the president said.

“All our good and helpful plans are in the works. More importantly, I know that they would work.

“However, we are swiftly closing the time gap. I plead with you, please have faith in our ability to deliver and in our concern for your well-being. We will get out of this turbulence.

“Due to the measures we have taken, Nigeria will be better equipped and able to take advantage of the future that awaits her.”

The president assured Nigerians that the country is “exiting darkness to enter a new and glorious dawn”.

“Now, I must get back to work, in order to make this future come true,” Tinubu added.

Nigerians have taken to the streets since August 1 to rail against soaring inflation and the country’s worst cost of living crisis in decades.

The protest turned violent in some parts of the country, resulting in the looting and vandalisation of properties.

Tinubu ended a popular petrol subsidy regime and floated the currency in his first weeks on the job in 2023 — moves that immediately led to spiralling food inflation.