Tinubu: No going back on economic reforms… we’ll overcome challenges

President Bola Tinubu says there is no going back on his administration’s efforts to reform the country’s economy despite prevailing headwinds.

Tinubu spoke on Thursday in Abuja when he hosted a delegation from the Corporate Council on Africa (CCA) led by Florizelle Liser, its president and chief executive officer (CEO).

The president said he has a “can-do” attitude that must be translated to a “must do”, adding that he has a good team in place.

“I am happy that the council is interested in various segments of Nigeria’s economy,” he said.

“We are right in the middle of a challenging stage of our reforms. We have headwinds, no doubt, but we are not going back.

“We are challenged, and we believe we will overcome the challenges. I have a can-do attitude that must be translated into a must-do attitude.

“We have a good team, and we must remain focused to get the goal accomplished.”

The president said his administration would do more in the education sector because it is the best tool against poverty.

“We are going to do more on security and investing in education, as we believe that education is the greatest weapon against poverty,” he said.

“We welcome partners like CCA, and we will strengthen our partnership to achieve our goals.”

On her part, Liser said CCA is committed to Nigeria’s economic growth through the eight priority areas outlined by the Tinubu administration.

She asked Tinubu to consider CCA as a partner in enhancing US-Nigeria trade, business, and investment.

Some of the president’s economic reforms — including the removal of subsidy on petrol and unifying the exchange rate — have led to soaring food prices, economic hardship and protests on the streets of major cities.