Kiin360 Blog Life Style General Gov. Soludo: President Tinubu Rescued the Economy from the Tipping Point, Returned Public Finance to Solvency
Economy General

Gov. Soludo: President Tinubu Rescued the Economy from the Tipping Point, Returned Public Finance to Solvency

Abuja, Nigeria – June 14, 2025

Anambra State Governor, Prof. Chukwuma Charles Soludo, has praised President Bola Ahmed Tinubu for what he described as decisive economic leadership that rescued Nigeria’s economy from near collapse and restored public finances to a sustainable path.

Speaking during a panel session at the 2025 Democracy Day Public Lecture in Abuja, Governor Soludo commended the President’s economic reforms, saying they were bold and necessary in pulling the nation away from financial insolvency.

“President Tinubu inherited a fiscal crisis. But within two years, he has returned Nigeria from the brink of economic disaster and placed our public finances back on a pathway to solvency,” Soludo stated.

The former Central Bank governor noted that the withdrawal of fuel subsidies, foreign exchange unification, and public sector reforms have positioned Nigeria to rebuild macroeconomic stability and attract foreign investment.

While acknowledging that the reforms have come with short-term pain, Soludo urged Nigerians to remain patient and supportive of ongoing efforts. “These are necessary sacrifices to correct decades of economic distortions. The dividends will become clearer as implementation deepens,” he added.

The public lecture, themed “Consolidating the Gains of Nigeria’s Democracy: Necessity of Enduring Reforms”, drew key political leaders, economists, and civil society stakeholders, and featured discussions on governance, economic revival, and national cohesion.

President Tinubu, who was present at the event, reiterated his administration’s commitment to building a fair and inclusive economy, promising continued investments in infrastructure, education, and job creation.

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