President Buhari Expresses Confidence in Nigeria’s Economic Future Under President-elect Tinubu

In a statement released on Monday, President Muhammadu Buhari expressed his satisfaction with the state of Nigeria’s economy as his tenure comes to an end. He confidently stated that he is “happy to leave” the economy in the competent hands of President-elect Bola Tinubu. Buhari believes that Tinubu will further strengthen the country’s public-private partnership policies and accelerate its economic growth and development.

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The President’s remarks were made during the inauguration of the Dangote Petroleum Refinery in Lagos. This significant milestone for Nigeria’s economy is expected to revolutionize the downstream petroleum products market in the African region as a whole. Buhari highlighted the importance of creating an enabling environment for entrepreneurs and businesses to thrive. He recognized the challenges faced by Nigeria’s economy, including infrastructure deficits, insurgency, global financial crises, oil price collapses, the COVID-19 pandemic, and geopolitical conflicts.

To address these challenges, the government focused on fostering an environment conducive to private sector investments. Buhari expressed confidence that under Tinubu’s leadership, the improvement in the economic and business environment would be sustained, and the framework of public-private partnership policies would be strengthened. The President’s positive outlook for Nigeria’s economy underscores the importance of continuity and building upon the foundation laid during his tenure.

As President Buhari’s term nears its end, his assurance regarding the future of Nigeria’s economy under President-elect Tinubu instills confidence in the nation’s citizens and international partners. With a game-changing refinery project and a commitment to an enabling business environment, Nigeria’s economic prospects appear promising.

Source: Punch paper

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