President Bola Ahmed Tinubu has said Nigeria’s economy remains stronger than that of many African countries despite current challenges, while acknowledging the hardship faced by citizens and promising targeted relief measures.
Speaking at a civic reception in Yenagoa after inaugurating key infrastructure projects, Tinubu noted that rising fuel prices and global economic pressures are impacting Nigerians but maintained that the country is relatively better positioned.
“Yes, I hear you… the fuel prices are biting hard,” the president said, urging citizens to take a broader view of economic realities across the continent.
Tinubu disclosed that he has directed the Ministries of Finance and Budget, alongside the Head of Service, to develop strategies to cushion the effects of global economic shocks.
He assured Nigerians that his administration remains committed to easing the burden and improving living conditions.
The president emphasized that governance under the All Progressives Congress is focused on delivering tangible development, including roads, bridges, electricity, jobs, and economic opportunities that directly impact citizens.
Collaboration critical
Highlighting the importance of collaboration, Tinubu said meaningful development occurs faster when federal and state governments work together toward shared goals.
He praised Bayelsa State Governor, Douye Diri, for executing transformative infrastructure projects, including roads and bridges that enhance connectivity, create jobs, and stimulate economic growth.
Tinubu also reaffirmed his administration’s commitment to improving Nigeria’s power sector, noting that energy sufficiency remains critical for national development.
As part of the event, the president observed a minute’s silence in honour of fallen soldiers and the late former Bayelsa governor, Diepreye Alamieyeseigha.
Earlier, Governor Diri stated that the projects commissioned—including a 60-megawatt gas-fired power plant—would significantly boost electricity supply and economic activity in the state.
Tinubu concluded by assuring Nigerians that his administration will continue to pursue policies and partnerships aimed at strengthening the economy and delivering sustainable development.
