President Bola Tinubu recently addressed the notion that the Nigerian economy is in distress, speaking at the Leadership Conference and Awards 2023 held at the Congress Hall of the Transcorp Hilton in Abuja. Emphasizing the belief in unprecedented opportunities for growth and development in the country, President Tinubu challenged the commonly held perception of economic distress. The President stated that, “I should start by respectfully challenging the notion that the Nigerian economy is in distress. Distress suggests helplessness, being at the mercy of something we have no control over. But that is not the case here.” The speech, delivered on Tuesday, provided insight into the current economic landscape and the potential for progress.
President Bola Tinubu articulated his firm belief that while the nation faces challenging times, it has also encountered unprecedented opportunities. He emphasized the potential for a reset of the course and the construction of a new sustainable economy, steering away from previous rent-seeking practices and inefficiencies that once prevailed. Using the platform to share his vision for the economic future of Nigeria, President Tinubu highlighted the prospect of development and welcomed a new era of economic prosperity.
This speech was delivered on behalf of President Tinubu by the Minister of Information and National Orientation, Mohammed Idris. It was a notable address that aimed to challenge existing perceptions and inspire hope for the country’s economic future. President Bola Tinubu’s encouraging words and vision for Nigeria’s economic trajectory serve as a reminder that amidst challenges, there continues to be unprecedented opportunities for growth and development.
