Nigerians as been urged to stay steadfast and committed to the growth of the nation planned are in place to fix the country’s economic challenges and end the double-digit inflation in the country.
This was made known by President Bola Tinubu on Wednesday while addressing the APC Presidential Campaign Council to 2024 Ramadan Iftar at the State House.
Following the recent administration change in economic policy that led to the removal of fuel subsidy and the unification of the exchange rate in May 2023, the country has faced a hike in the inflation rate that has caused hardship to different citizens of the country. The latest report by the National Bureau of Statistics (NBS) noted that the county’s inflation rose to 31.70 percent in February 2024, up from 29.90 percent in the previous month.
In the statement issued by the president, stated that he does not have a magic hand, but Nigerians should not worry as he is determined to end inflation. Tinubu said his government is working to rescue the situation.
“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’s 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.”
The president also assured people of the country to feel less worried, that he understood the challenges of hyperinflation, and promised his administration would bring it down, claiming its administration would do all he could in reengineering the country’s revenue, adding that things are now getting better to the extent of taking our sovereignty and respect back around the world while assuring the job will be done only by ourselves.
He further said no matter what happens to us as a nation we must find the solution internally by ourselves with our joint effort as a nation to think resourcefulness, investing, dedication, and hard work are the attitude that can get us to the right path.
