President Bola Tinubu on Tuesday said his administration’s bold economic reforms, which aim to restore Nigeria to its enviable position, are achieving favourable results.
He added that the country’s economy is now stable and attracting interest from around the world.
The bleeding has stopped. Haemorrhage is gone; the patient is alive,
Tinubu said when he received the Soun of Ogbomosoland, Oba Ghandi Olaoye, Orumogege III, in audience with some other royal fathers, at the State House, Abuja.
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed details of the meeting in a statement he signed on Wednesday titled ‘In just two years, Nigeria is now respected globally.’
President Tinubu said,
Years of neglect and self-deception, fake records, smuggling, and all of that denied Nigeria the necessary revenue for progress and development.
Then we were confronted again with arbitrage trading of currency, an illusion of selling papers, corruption all over the place, and the integrity of the country and its economy being extremely and adversely challenged.
We had to take those actions. With your prayers, patience, perseverance and great understanding, I’m glad to tell you today that the economy is stabilised.
The President also said the creation of NELFUND was to make sure no student would drop out because of poverty or lack of resources
He said that everybody has a right to education as it is the greatest weapon you can give to human beings against poverty.
That’s what we are doing. We have remained progressive on our infrastructure. And it’s just two years, he said.
Tinubu appreciated the monarch for the credit on his administration with the bold decisions taken immediately when he resumed to office
He stated that the people of Ogbomoso land were already feeling the modernisation and transformation introduced by the monarch, who promised to keep strengthening traditional institutions.
President Tinubu also promised to engage the Ministers of Power, Water Resources, Agriculture, and Works to look into the visiting monarch’s requests, adding that Nigerian be self sufficient in Agriculture they
The Soun Monarch applauded the President for his incredible strides,
which only a bold leader could have recorded. Subsidy removal has shown us that it is the right decision, and we can see the effects.
Oba Olaoye also said that , the foreign exchange reforms and introduction of NELFUND had made it easier for many students to continue their schooling without considering dropping out and not lacking in any aspect
The monarch also commended the President for awarding the contract for dualisation of the Oyo-Ogbomosho Road, which had been abandoned for decades, stating out that the road would stir economic activities as a significant gateway to the North.
However, The Monarch asked for the president intervention on the water and power supply in Ogbomoso, , the upgrading of the General Hospital in the town into a Federal Medical Centre, also to establish a research institute to enhance the transformation and development of the well known ‘Ogbomoso mangoes and cashew nuts’ into a viable agricultural enterprise.
Oba Olaoye thanked the President for appointing Ogbomoso indigenes to his administration, notably the Federal Inland Revenue Service Chairman, Zacch Adedeji, and the DG of the Bureau of Public Procurement, Debo Adedokun.
Among the entourage of the Soun of Ogbomosoland were other five kings representing the five councils in Ogbomoso land, namely Samuel Otolorin, the Areago of Ogbomosoland; Oba Oyetunji Adeyeye, the Alajaawa of Ajaawa; Oba Bolarinwa Olajide, the Onisapa of Isapa; Oba Babatunde Amao, the Aale Oke-elerin, and Oba Prof. Akinola John Akintola, the Olokin-apa of Okin-apa.
Also, other High Chiefs were Ogundare Rebecca, Iyalode of Ogbomosoland; Prof. Sola Adepoju, former DG Forestry Research Institute of Nigeria; Tunji Olaniyi, a businessman; and Abdul Ganiyu Owodunni, the Aare Musulumi of Ogbomosoland.
The special Adviser to the president on Media and Public Communication,Sunday Dare, who is a prominent ‘Son of the soil’ , who doubles as the Agbaakin of Ogbomoso land was also present





