Tinubu visited Anambra, acknowledged economic difficulties, defending reforms

Football President Ahmed Tinubu has recognized the depth of Nigeria’s economic misery after serving in 2023, describing the country’s public finances as “hardly not getting insolution” and its monetary structure as chaotic. Speaking during the visit of the State and large revenue in the State of Anambra on Thursday, the President said the brave reform, often painful needed to make the country be on the road to stability and growth.

“We met with almost unreasonable public finances, monsters of some non -sustainable subsidies, a chaotic and weakened forex regime,” said Tinubu in Awka, standing in front of the crowd including state officials, traditional rulers, and citizens. “Just like we tamed Atlantic in Lagos, many of these monsters have been handled.”

This honest acceptance is one of the most direct assessments of Tinubu from the inheritance left by the former President of Muhammadu Buhari, under the public debt of his government soaring, inflation worsened, and uncontrolled fuel subsidy costs.

The President defended the economic reform of his government, including the elimination of fuel subsidies and the unification of the foreign exchange market, noted that while this decision had caused discomfort, they began to restore investor confidence and macroeconomic order.

“This reform is difficult, yes, but inevitable,” he said. “Our courage and collective actions are needed to deal with them to lay a strong foundation for a more stable, prosperous and inclusive economy.”

Tinubu’s visit, his first official journey to Anambra since serving, also watched the Main Infrastructure Project Commissioning executed by Governor Chukwuma Charles Soludo. Among them are Solution Fun City and Mini City of newly built government buildings, which are praised by the President as a symbol of the country’s ambition.

Also read: ‘I will not help Tinubu overcome economic difficulties except …’ —Mir Sanusi

He praised the vision of the Governor of Soludo to turn Anambra into “Valley of Africa-Dubai-Taiwan-Silicon” and reiterate the commitment of the federal government to support the country, especially in security, technology and manufacturing.

To eliminate the economic shock effect on Nigerian workers, Tinubu pointed to re -negotiating new national minimum wages, praising Anambra for not only carrying out but exceeded federal benchmarks.

In a lighter moment that attracted cheers from the audience, the president was honored by the title of a new tribal chief by the traditional ruling council in Anambra. Brying, he described the recognition as a historic and joked that he now considers himself “the son of a bona fide land,” asked the Governor of Soludo to allocate the land for retirement homes in the future in the state.

However, the visit was opened under the clouds of public dissatisfaction. Throughout Nigeria, residents continue to compete with the soaring food prices, increase fuel costs, and sharp declines in purchasing power. But Tinubu remains firm in his message of hope and perseverance.

“Let’s be patient,” he asked. “We don’t have any country other than Nigeria. We have to make it great.”

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