The United Kingdom chapter of the ruling All Progressives Congress has commended President Bola Tinubu for his bold and visionary economic reforms, saying that Nigeria is currently witnessing significant progress and positive results under his leadership.
In a statement issued on Saturday by its chairman, J K Adebola, the APC UK said that despite the initial challenges and potential discomfort associated with the reforms, Nigerians can rest assured that the long-term benefits will far outweigh any temporary difficulties.
The statement cited the latest data from the Central Bank of Nigeria, which showed that foreign portfolio investor asset purchases exceeded $1 billion in February, while overseas remittances reached an impressive $1.3 billion during the same month. These developments, according to the statement, are a clear indication that Nigeria is on the path to economic growth and stability.
The statement also urged Nigerians to understand that change often comes with growing pains, but the end result is worth the effort. It said that President Tinubu’s reforms aim to create a more prosperous, inclusive, and economically vibrant Nigeria, and called on Nigerians to support these reforms and remain patient during this transitional period.
In conclusion, the statement said that while some challenges may lie ahead, the positive impact of President Tinubu’s economic reforms is already evident. It said that Nigeria is poised for growth, and with continued collaboration and perseverance, we can secure a more prosperous future for all citizens.
He wrote, “Nigeria is currently witnessing significant economic reforms under the leadership of President Bola Tinubu, and the positive results are starting to show. Despite the initial challenges and potential discomfort associated with these changes, Nigerians can rest assured that the long-term benefits will far outweigh any temporary difficulties.
“President Tinubu’s reforms have already attracted substantial foreign investment and remittances into the country. The Central Bank of Nigeria reports that foreign portfolio investor asset purchases exceeded $1 billion in February, while overseas remittances reached an impressive $1.3 billion during the same month. These developments are a clear indication that Nigeria is on the path to economic growth and stability.
“As Nigerians, it is crucial to understand that change often comes with growing pains, but the end result is worth the effort. President Tinubu’s reforms aim to create a more prosperous, inclusive, and economically vibrant Nigeria. By supporting these reforms and remaining patient during this transitional period, we can help secure a brighter future for our nation.
“In conclusion, while some challenges may lie ahead, the positive impact of President Tinubu’s economic reforms is already evident. Nigeria is poised for growth, and with continued collaboration and perseverance, we can secure a more prosperous future for all citizens.”
