President Bola Ahmed Tinubu, yesterday, articulated the rationale behind his administration’s economic reforms, saying the primary motive is to protect the interests of future generations, whose commonwealth, he says, has been frittered in the last five decades.
Tinubu made the remarks at State House, Abuja, while receiving a delegation of former National Assembly colleagues from the aborted Third Republic, when he served as senator for Lagos West.
He highlighted the challenges he faced at the beginning of his administration, and said they were mainly economic and social.
The president’s comments came as Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, allayed fears about the fate of the Nigerian economy, assuring that the worst is over and a period of relief and recovery is at hand.
Similarly, National Security Adviser (NSA), Nuhu Ribadu, said safeguarding the naira was a national security obligation.
Ribadu vowed to sustain existing collaboration between his office and the apex bank to stem abuses and sabotage of the naira.
Cardoso and Ribadu spoke yesterday in Abuja at a CBN and security agencies’ engagement session with the theme, “Security and Efficiency in Cash Cycle Operations.”
