President Bola Tinubu emphasized the importance of collective action among government, business leaders, civil society, and citizens for achieving economic stability as Nigeria aims for prosperity. He made this statement while represented by the Head of Service of the Federation, Mrs. Didi Walson-Jack, at the Nigerian Institute of Management Chartered (NIM) Annual National Management Conference in Port Harcourt.
The two-day conference, themed “Economic Stability and National Security: The Contending Issues and the Way Forward,” was monitored via Zoom. Tinubu pointed out that economic stability is intricately linked to national security, highlighting the critical relationship between the nation’s economic health and its security.
He urged for the development of robust policies that would foster economic growth while ensuring the safety of citizens. In his remarks, Tinubu noted that his administration has made progress in diversifying the economy, with significant investments in sectors like agriculture, technology, and renewable energy.
However, he acknowledged the difficult economic decisions made to stabilize the economy, including the floating of the Naira and the removal of fuel subsidies. He recognized the hardships these reforms have caused for the citizens but expressed confidence that the benefits of these sacrifices would be realized soon.