President Bola Tinubu says his administration is rewriting Nigeria’s decades-long story of economic underperformance, citing improvements in economic growth, capital inflows and manufacturing.
The President, represented by Vice President Kashim Shettima, stated this while declaring open the 32nd Nigerian Economic Summit in Abuja, themed “Growth That Works: Delivering Jobs, Productivity and Shared Prosperity.”
In a statement by the Senior Special Assistant to the Vice President on Media and Communications, Stanley Nkwocha, Tinubu said his administration had embarked on difficult but necessary reforms to stabilise the economy and improve the livelihoods of Nigerians.
He explained that the reforms were aimed at dismantling structural barriers that had prevented the country’s human and natural resources from translating into widespread prosperity.
According to the President, the measures are restoring confidence, strengthening the nation’s economic foundations and laying the groundwork for sustainable growth.
Citing figures from the National Bureau of Statistics, Tinubu disclosed that Nigeria’s inflation-adjusted Gross Domestic Product grew by 3.89 per cent in the first quarter of 2026, compared with 3.13 per cent recorded in the corresponding period of 2025.
He maintained that the administration remained committed to pursuing policies that would translate economic growth into job creation, increased productivity and shared prosperity for Nigerians.
