Ooni of Ife Praises Tinubu's Economic Reforms in Nigeria

Ooni of Ife commended President Bola Tinubu for his economic reforms, stating that he came prepared to deliver policies aimed at transforming Nigeria's economy. During the inauguration of the National Executive of the P-BAT Door to Door Movement, the Ooni noted that the results of Tinubu's administration are evident in the public and private sectors.

He pointed out that Nigeria's capital market has reached a market capitalization of 140 trillion naira, with foreign reserves at 52 billion dollars, which will finance imports over the next three years. The Ooni expressed optimism about the foreign exchange market, stating that recent policies have reduced distortions and will stabilize the dollar.

He emphasized that Tinubu's economic policies will define his legacy and highlighted Nigeria's strategic importance in the global economy, particularly in the aviation sector and the recent developments involving the Ajaokuta Steel Company and NNPCL. The Ooni urged Nigerians to applaud the President's bold leadership and commitment to national development.