President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to Nigeria’s ongoing economic reforms, declaring that the country will not backtrack despite the initial hardships faced by citizens.
Speaking on Tuesday at the State House in Abuja during a meeting with a World Bank delegation led by Managing Director of Operations, Anna Bjerde, Tinubu said the reform journey, though tough at the beginning, is necessary for long-term prosperity.
The president, who received the delegation alongside Vice-President Kashim Shettima, likened the reform process to a determined march forward.
“Since we have gone into this tunnel of reform, we have our hands on the plough and we’re never going to look back,” Tinubu said.
“It is very clear that initially it was painful and difficult, but those who win are not the ones who give up during tough times.”
Tinubu highlighted key areas of focus for his administration, particularly agricultural transformation. He noted that Nigeria’s vast arable land and youthful population present enormous opportunities for food production and economic growth.
According to him, the government is prioritising agricultural mechanisation by establishing centres that will provide farmers with modern equipment, quality seeds, and technical support to improve productivity and make farming easier.
The president also pointed to early signs that the reforms are yielding results, citing improvements such as easing inflationary pressures and a more stable naira.
While seeking stronger collaboration with the World Bank, Tinubu stressed the need for accelerated support to help Nigeria achieve faster economic growth and shared prosperity.
“What is the value of encouragement for an African that is taking this huge population on an assurance of prosperity? How can you accelerate that growth? Your partnership with us is very important to me… please accelerate that,” he added.
The meeting underscores Nigeria’s push to deepen cooperation with international financial institutions as the government works to stabilise the economy and drive sustainable development.
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