Tinubu says Nigeria achieved its annual revenue target in August, claiming the economy is stable and less vulnerable to global pressures.
President Bola Tinubu says Nigeria’s economy is stable after meeting its annual revenue target in August, crediting reforms for improved non-oil performance. Speaking at the Presidential Villa on Tuesday while hosting former members of the Congress for Progressive Change (CPC),
Tinubu said, “Today, I can stand here before you to brag — Nigeria is not borrowing. We have met our revenue target for the year and we met it in August. Let Trump do his worst, we are stable.”
He noted that the exchange rate, once at ₦1,900 per dollar, now hovers around ₦1,450 without elite forex deals. Tinubu announced a nationwide agricultural mechanisation programme as part of efforts to strengthen food security, saying, “If we remove hunger, we have defeated poverty.”
Acknowledging pending appointments, Tinubu reaffirmed loyalty to CPC allies and praised Buhari’s legacy of honesty and justice. The delegation, led by Speaker Tajudeen Abbas, pledged full support for Tinubu’s administration and 2027 bid.