Tinubu with Prime Minister Mark Rutte of the Netherlands
I’m prepared to make tough decisions amid economic hardship – Tinubu
Nigeria’s President, Bola Tinubu, has affirmed his commitment to making difficult decisions for Nigerians, even if
Nigeria’s President, Bola Tinubu, has affirmed his commitment to making difficult decisions for Nigerians, even if they result in short-term challenges.
The declaration comes amidst economic hardships triggered by the withdrawal of fuel subsidies and the floating of the naira, exacerbating inflationary pressures.
During a meeting with Prime Minister Mark Rutte of the Netherlands in The Hague, Tinubu expressed confidence in Nigerians, citing it as the basis for his resolve to make tough decisions. He emphasized equipping Nigerians with the necessary tools for long-term success.
Describing himself as a committed leader, Tinubu pledged to prioritize decisions that benefit Nigerians in the long run, regardless of short-term adversities. He reiterated the unwavering resilience of Nigerians amid challenges and credited them for the success of recent policy measures.
Tinubu lauded the Nigerian Naira’s performance as one of the world’s best-performing currencies, attributing it to the government’s calculated risks and the unwavering support of the Nigerian populace.
Addressing investment prospects, Tinubu underscored Nigeria’s potential to drive the global clean energy agenda, particularly in Europe, citing the country’s abundant lithium deposits.
He also stated Nigeria’s attractiveness across various sectors and reaffirmed his administration’s commitment to reforming the investment climate.
Recall that President Tinubu recently reaffirmed Nigeria’s commitment to adopting globally recognized sustainability reporting standards to attract capital investments, reshape business models, and protect the environment.
He made the declaration during a meeting with Emmanuel Faber, chairman of the International Sustainability Standards Board (ISSB), held in Abuja.
He assured Faber Nigeria would uphold international standards and collaborate with ISSB to enhance financial management systems and optimize national resources.