‘There is no shortcut to economic growth’ – Tinubu defends robust reforms

President Bola Tinubu has defended his administration’s
robust financial reforms, saying Nigeria should make tough selections to
overcome years of underperformance and enhance residents’ livelihoods.

 

Tinubu, who was represented by Vice President Kashim
Shettima, made the remarks on Monday on the opening of the thirty second Nigerian
Economic Summit in Abuja.

The president stated his administration had begun with a
tough financial reset as a result of development couldn’t be achieved with out robust
selections.

“There is not any shortcut to financial development. This is why we
started with a tough reset,” Tinubu stated.

He stated the reforms have been geared toward altering the nation’s
financial fortunes and bettering the lives of younger jobseekers, farmers,
producers, entrepreneurs and innovators.

“For us, rescuing the financial system means rescuing livelihoods and
reworking the fortunes of younger jobseekers, farmers, producers,
entrepreneurs and innovators,” he added.

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