President Bola Tinubu has assured Nigerians that he remains committed to addressing the economic challenges affecting the country.
President Tinubu said the time of lamentation is over, adding that it is time for all Nigerians to join hands with his government to lead the nation to the desired destination of prosperity.
He stated this in a series of tweets on his X handle on Wednesday. He promised that the 2025 budget would lay the foundation for peace, prosperity and much-needed hope in the country.
“The Time for lamentation is over. The time to act is now. A time to support and promote greater investment in the private sector. A time for our civil servants to faithfully execute our policies and programmes.
“It is a time for every Nigerian to look hopefully towards a brighter future because a new day has dawned for us as a nation.
“As your President, I remain committed and resolute to continue to lead the charge.
“This 2025 budget proposal lays the foundation for peace, prosperity, and much needed hope. It is the plan through which a Nigeria where every citizen can dream, work, and thrive in safety can be achieved,” he said.
The President further promised citizens that his administration would ensure food security. He noted that the country’s economy grew by 3.46 percent greater than projected global economy’s expected growth rate.
“Global economic growth for the outgoing year 2024 was projected at 3.2 percent, and against predictions, our country made significant progress.
“The Nigerian economy grew by 3.46 percent in the third quarter of 2024, up from 2.54 percent in the third quarter of 2023.
“Our Foreign Reserves now stand at nearly 42 billion US dollars, providing a robust buffer against external shocks.
“Our rising exports are reflected in the current trade surplus, which now stands at 5.8 trillion naira, according to the National Bureau of Statistics,” he stated.
President Tinubu emphasized that the “clear results of gradual recovery, among others, reflect the resilience of our economy and the impact of deliberate policy choices we made from the outset.”