Tinubu said though he does not possess any magic wand to turn around the economy, citizens should not get worried.
By Jeffrey Agbo
President Bola Tinubu has urged Nigerians to believe in his administration, noting that the economy is improving as he works on bringing down the inflation rate.
The president said though he does not possess any magic wand to turn around the economy, citizens should not get worried.
Tinubu said this when he hosted the leadership of the All Progressives Congress (APC) Presidential Campaign Council to 2024 Ramadan Iftar at the State House, Abuja on Wednesday.
Nigeria is battling economic hardship with the inflation rate on a steady rise since the Tinubu administration removed the petrol subsidy and unified the exchange rate in 2023.
According to the National Bureau of Statistics (NBS), inflation jumped from 29.9 per cent in January to 31.7 per cent in February.
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Speaking on the worsening economy, Tinubu said, “It is the hard job that you promised the people of Nigeria when you were campaigning for me, you promised them a good result. Didn’t you? That is it! I have to work for it. No magic wand.
“I campaigned on hope, I have to rest on that hope, and push for that hope for the joy of every one of us.
“The economy is looking good. Don’t worry about that… we know we have the challenge of inflation, it is okay, we will bring it down. We are re-engineering, our revenue is getting better.
“Not that we have to go there and hire them to do the job for us, we are doing it ourselves. Whatever is happening to us, we have to solve it by ourselves. It is your effort, your thinking, your resourcefulness, your investment, your dedication and hard work that can only get us there.”