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Tinubu Says Nigeria’s Economy Has ‘Stabilised’, Urges APC Governors to Deliver More at the Grassroots
President Bola Tinubu, on Thursday, reflected on his over two years old administration, saying it is not easy navigating the stormy waters of economic instability, but reassuring, “Now, the economy is stabilised.”
Speaking at the 14th National Executive Committee (NEC) meeting of the governing All Progressives Congress (APC) at the Banquet Hall of State House, Abuja, Tinubu told governors of his party that Nigerians were still complaining about lack of development at the grassroots, and urged them to do more.
The president, who stressed the need for increased community engagement and greater responsiveness to citizens’ concerns, described the opposition parties as a coalition of confusion, just as he lauded former National Chairman of the party, Abdullahi Ganduje’s contribution to the party’s development and ideological clarity.
Acknowledging the economic challenges, Tinubu affirmed that progress had been made under his administration.
He cited the record N14.9 trillion in revenue collected by the Federal Inland Revenue Service in the first six months of the year, a 43 per cent increase from the amount collected in 2024.
“It is not easy to navigate the stormy waters of economic instability. Now, the economy is stabilised—there is no fear for the country except for continued upward movement and sustained growth. I can assure you,” he stated.
On security, the president stated that significant efforts had been made to restore safety across Nigeria.
He stated, “Thousands of terrorists and bandits have been neutralised. You can see that fear is decreasing. However, we must remain vigilant and take the matter seriously. We must invest more in our people, be accommodating, and remain committed to ensuring national security.”
He stated, “Thousands of terrorists and bandits have been neutralised. You can see that fear is decreasing. However, we must remain vigilant and take the matter seriously. We must invest more in our people, be accommodating, and remain committed to ensuring national security.”
He said, “Our doors are still open, and we should wholeheartedly embrace those who join us.”
The president emphasised that the party’s strength was in expanding its ranks, and encouraged the new national chairman to establish a committee of NWC members to visit states, and ensure that all new members were seamlessly registered and integrated.
Tinubu thanked Ganduje for his contributions to party development and ideological clarity.
“I gave him an assignment on forming a progressive doctrine and a progressive institute. I believe the National Secretary will help revitalise and coordinate this effort,” the president said.
He told the APC governors to work collectively to leave behind a lasting legacy, including building a party secretariat in Abuja.
He said, “We should leave a legacy of development. The governors are here—23 of them—to help identify a land, along with the Minister of the Federal Capital Territory. We should establish a committee of progressive governors to identify suitable land and construct the secretariat.”
The president welcomed new entrants into APC, including Governor Umo Eno of Akwa Ibom State, Governor Sheriff Oborevwori of Delta State, and other key political figures.
The meeting also observed a minute’s silence in honour of former President Muhammadu Buhari.
At the president’s request, the meeting also observed a minute of silence in honour of Alhaji Aminu Dantata and Oba Sikiru Adetona (the Awujale of Ijebuland), who both passed away recently.
Tinubu stated that although the two late statesmen were not party members, “their lives and contributions to national development command our respect.”