President Tinubu has vowed to lead Nigeria to the promised land amid worsening economic hardship.
NewsOnline Nigeria reports that President Bola Ahmed Tinubu has reaffirmed his commitment to steering Nigeria out of its current economic crisis, vowing to lead the nation to the “promised land” despite mounting public frustration over hunger, inflation, and widespread hardship.
Speaking on Thursday at the National Summit of the All Progressives Congress (APC) held at the State House in Abuja, the President assured party stakeholders and citizens that his administration’s reforms are beginning to yield positive results and will ultimately restore the nation’s economic stability.
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“I know the road, and we will lead you to that promised land. The resuscitation of Nigeria’s economy is on course,” Tinubu declared in response to a participant who shouted from the crowd, “Follow who know road.”
NewsOnline Nigeria reports that President Tinubu’s remarks come at a time when millions of Nigerians are grappling with severe economic difficulties, largely triggered by key policy decisions made during the early days of his administration.
One of the most impactful was the removal of fuel subsidy in May 2023, which led to a sharp increase in fuel prices and triggered a ripple effect on transportation, food costs, and the overall cost of living. Additionally, the unification of the foreign exchange market has caused the naira to depreciate significantly, further eroding purchasing power and leading to high inflation.
According to data from the National Bureau of Statistics (NBS), food inflation has soared to over 40%, with staples like rice, garri, bread, and tomatoes becoming increasingly unaffordable for many households. The country’s minimum wage remains stagnant, while unemployment and underemployment figures remain high.
The situation has sparked widespread discontent, with labor unions threatening strikes, and protests erupting in some cities. Citizens have increasingly called on the government to offer immediate palliatives and long-term solutions.
President Tinubu Defends Progress, Calls for Patience
Despite the economic turbulence, Tinubu defended his administration’s progress. “If in just the first two years we are where we are today, then the next few years will be great,” he asserted, referencing gains in infrastructure, policy reforms, and investment facilitation efforts.
He also thanked APC members for their continued support and the vote of confidence, noting that their backing fuels his resolve to deliver on his promises.
“This is the only time that you can correct and not complain. I owe you a whole world of gratitude for the endorsement today, the carry-go inspiration,” Tinubu said.
As Nigeria continues to navigate a period of profound economic adjustment, all eyes remain on the government to deliver the promised dividends of its reforms—and on President Tinubu to prove he truly “knows the road.”
