President Bola Tinubu asserts that his administration’s reforms are essential to protect future generations. He addressed economic challenges and expressed gratitude for support from former colleagues. The President highlighted improvements in the economy and stressed the importance of democracy. Senators from the delegation supported administration initiatives that benefit students and combat corruption.
In recent remarks, President Bola Tinubu emphasized that his administration’s economic reforms are designed to safeguard the interests of future generations. He noted that for 50 years, Nigeria had been depleting resources intended for future prosperity while failing to adequately plan for the well-being of its children. These comments were made at the State House during a meeting with former National Assembly colleagues from the Third Republic, where he previously served as a Senator for Lagos West.
During this meeting, President Tinubu addressed the significant challenges encountered at the onset of his term, particularly economic and social hurdles. He expressed gratitude to the delegation for their support in navigating these issues, stating that without their efforts, Nigeria could have faced bankruptcy. The administration has reportedly made progress in stabilizing the economy, indicating a reversal of previous problems and an improvement in the exchange rate.
The President expressed optimism regarding the current economic trajectory, mentioning lower food prices, especially in light of Ramadan, and suggested that the country is approaching a brighter future. He stressed the importance of adhering to democratic principles as essential for long-term development. Tinubu thanked the delegation for their continued belief in democracy and highlighted that adherence to democratic values is crucial for aspiring to leadership roles.
Senator Emmanuel Nwaka spoke on behalf of the delegation, commending the Tinubu administration for initiatives such as the Nigerian Education Loan Fund (NELFUND) and the Nigerian Consumer Credit Corporation (CREDICORP). He praised the impact these programs have had on students, the largest demographic group in Nigeria, and argued that CREDICORP could potentially combat corruption by facilitating young people’s access to loans for essential purchases, including vehicles and homes.
Key members of the delegation included Senators Bako Aufara Musa, Terwase Orbunde, Wasiu Logun, Amina Aliyu, Chief Obi Anoliefo, and Eze Nwauwa, all of whom expressed support for the government’s recent initiatives.
In summary, President Bola Tinubu’s administration is focused on implementing economic reforms aimed at protecting the interests of future generations. He acknowledged past challenges while expressing confidence in the progress made, emphasizing the importance of democratic principles. Senators from the delegation commended specific programs that support students and promote business opportunities, underscoring a collective effort towards improved economic stability and social development.
Original Source: nannews.ng
