Tinubu’s Economic Strategy Pays Off as Nigeria Hits Revenue Target
President Bola Tinubu has announced that Nigeria has achieved its 2025 revenue target ahead of schedule, with the country’s non-oil sector driving this success. Speaking at a meeting with founding members of the defunct Congress for Progressive Change (CPC) and The Buhari Organisation at the Presidential Villa in Abuja, Tinubu declared, “Nigeria is not borrowing. We have met our revenue target for the year, and we met it in August”.
The President attributed the bulk of the revenue to non-oil earnings, emphasizing the significance of this development for long-term economic stability. Tinubu also highlighted the stabilization of the Nigerian economy, noting that exchange rates have improved from N1,900 to a dollar when he took office to N1,450 at present.
According to Tinubu, the economy is now predictable, and individuals no longer need to know the Central Bank Governor to obtain foreign exchange or import goods. He stated, “What we need now is building the ship and the vessels for the export of our goods and creating more jobs for our people”.
The President dismissed concerns over potential economic threats from US President Donald Trump, saying, “If non-oil revenue is going well, then have no fear of whatever Trump is doing on the other side”. Tinubu reaffirmed his administration’s commitment to fixing the economy, creating jobs, and bringing hope to Nigerians.
To boost food security and sovereignty, Tinubu unveiled plans for a nationwide mechanization program, with farm centers established in every region to enhance productivity and lift millions out of poverty. He emphasized that this initiative is part of his Renewed Hope Agenda, aimed at delivering prosperity and eliminating hunger
Tinubu also pledged to sustain and immortalize the legacies of former President Muhammadu Buhari with the establishment of a Buhari House. He expressed gratitude to the CPC family for their support and assured that more members of the old CPC would be given opportunities to participate in his administration.#Tinubu’s Economic Strategy Pays Off as Nigeria Hits Revenue Target#
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