Home Business Economy Tinubu deserves praise for Nigeria’s steady economic growth, says lawmaker

Tinubu deserves praise for Nigeria’s steady economic growth, says lawmaker

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A member of the Lagos State House of Assembly, Hon. Temitope Adewale has praised President Bola Tinubu’s economic progress and steady national development under the current administration.

Also read: Nigeria’s economy back on track under Tinubu – Bagudu

In a statement on Monday after a private visit to the President in Lagos, Adewale, who represents Ifako-Ijaiye constituency I and chairs the House Committee on Transportation,

He said that President Tinubu’s efforts to tackle poverty and stabilise the economy were ‘yielding tangible results’, with economic indicators showing gradual national improvement.

‘The administration has spread projects across all 36 states, with the ultimate aim of improving the lives of citizens’, Adewale said.

He described the meeting as ‘a son’s visit to his father’, adding that President Tinubu’s leadership continues to inspire loyalty and admiration.

‘He remains a father I am proud to associate with, and I can say without hesitation that the President deserves commendation’, Adewale said.

The lawmaker highlighted the President’s approach to governance, describing the President as a ‘humble and attentive leader’, who listens and speaks from the heart.

‘What strikes me most is not the formality of the visit, but the simplicity of his presence. Asiwaju’s humility, warm laughter, and ability to listen remind me that leadership is about making people feel seen and heard’, he further said.

According to Adewale, Nigeria’s currency has shown improved stability under President Tinubu, while the volatility in foreign exchange markets is gradually easing.

He also praised the administration’s efforts to plug leakages in the economy, citing the revival of local refineries and recent policy incentives aimed at boosting technical education across the country.

‘For the first time in many years, we now have refineries refining fuel for local use. These are the kinds of long-overdue reforms Nigeria needed’, he said.

Reflecting on the state of the economy before Tinubu took office, Adewale noted that Nigeria was burdened with unsustainable debts, while Foreign Direct Investment had dropped significantly — from $2.2 billion in 2014 to just $470 million in 2022.

He said that the situation has started to improve under President Tinubu’s Renewed Hope Agenda, with governors from all parties now receiving improved allocations and greater support from the federal government.

Also read: Top leaders set to reimagine Nigeria’s economy at 2025 FLOC conference

He added: ‘Even the opposition is edging closer to the President, recognising the direction of progress and the attractiveness of the APC. It’s clear that President Tinubu is committed to meeting the yearnings of Nigerians.

‘He remains a father I am proud to associate with’.

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