Home Columnist Years of corruption reversed, economy back on track – Tinubu

Years of corruption reversed, economy back on track – Tinubu

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Years of corruption reversed, economy back on track - Tinubu

President Bola Ahmed Tinubu says his administration’s reforms have reversed years of corruption, stabilised the economy, and earned Nigeria renewed global respect.

The president spoke on Tuesday while hosting a delegation of traditional rulers from Ogbomoso, led by Oba Ghandi Olaoye, the Soun of Ogbomosoland, at the State House in Abuja.

In a statement issued by his special adviser on information and strategy, Bayo Onanuga, Tinubu said Nigeria is regaining credibility in the eyes of the world after decades of mismanagement.

“For years, fake records, smuggling, and corruption denied Nigeria the revenues needed for progress,” he said.

“We also faced currency arbitrage and economic sabotage. We had to act. With your prayers and patience, I can say today that the economy is stabilised. The bleeding has stopped, and the patient is alive.”

The president listed investments in education, including the Nigerian Education Loan Fund (NELFund), which provides financial support for students from poor backgrounds.

“Education is the greatest weapon against poverty,” he noted, adding that infrastructure renewal remains a top priority of his government.

Responding, Oba Olaoye commended Tinubu for his courage in implementing difficult but necessary reforms, such as fuel subsidy removal and foreign exchange unification. He said the measures, along with the student loan scheme, have already had visible impact.

The monarch thanked the president for reviving the Oyo–Ogbomoso road project, abandoned for decades, and appealed for federal intervention in Ogbomoso’s water supply, electricity, and healthcare facilities.

He was accompanied by other Ogbomoso leaders, including senior chiefs, religious figures, and community representatives.

Tinubu has repeatedly defended his reform agenda, telling investors in Brazil last month that the measures have curbed corruption, boosted government revenue, and made Nigeria’s economy more competitive.

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