Tinubu's Government Commits to Economic Reforms at Summit

At the 32nd Nigerian Economic Summit held in Abuja, President Bola Tinubu, represented by Vice President Kashim Shettima, stated that his administration is committed to rewriting Nigeria's history of economic underperformance through comprehensive reforms. He emphasized the importance of dismantling structural barriers to unlock the nation's potential and create jobs, productivity, and shared prosperity.

Tinubu acknowledged the challenging start of his government, noting that there are no shortcuts to economic growth. He highlighted the summit's theme, "Growth That Works: Delivering Jobs, Productivity and Shared Prosperity," which aligns with the goal of achieving a prosperous and inclusive Nigeria by 2030.

The President mentioned that his administration has initiated reforms to restore confidence and strengthen economic foundations, citing a 3.89% growth in Nigeria's inflation-adjusted GDP in the first quarter of 2026 compared to 3.13% the previous year. He stressed the need to improve job quality and harness the potential of the workforce.