President Bola Tinubu has declared that his administration has steered Nigeria’s economy away from the verge of collapse, assuring Nigerians living in Saint Lucia that the government’s ongoing reforms are stabilising the country and reviving investor confidence.
Tinubu made this known during an interactive session with members of the Nigerian community on Wednesday at the Windjammer Resort in Castries, Saint Lucia. Details of the meeting were contained in a statement issued on Thursday by his Special Adviser on Information and Strategy, Bayo Onanuga.
Speaking at the gathering, the President painted a bleak picture of the economic situation he met on taking office, describing Nigeria as a nation that was almost bankrupt. He went on to outline the steps his government has taken to reverse the downward spiral.
“We inherited a country that was near bankruptcy. But we have been able to rescue the economy. Nigeria has recovered. We have made the smuggling of our oil unattractive. We have stopped chasing forex papers at the Central Bank of Nigeria,” Tinubu said.
While acknowledging that Nigeria’s per capita income still remains low, Tinubu assured his audience that his administration is committed to policies designed to drive inclusive growth and secure long-term economic stability.
The interactive session was attended by Nigerian professionals, students, and religious leaders residing in Saint Lucia. It was also the second such meeting the President held with Nigerians abroad within a span of two days, underscoring his administration’s effort to engage with the diaspora community and keep them informed on developments back home.
