By Kingston Magare 26.9.2025
President Bola Tinubu has urged Nigerians to bear the harsh realities of his economic policies, which he described as a necessary painful surgery.
President Tinubu who was speaking during the coronation of Rashidi Ladoja, as the 44th Olubadan of Ibadanland Friday in Ibadan Oyo State said recovery is just around the corner.
“Today I am honoured and very proud to give you cheering news that the economy has turned the corner.
“There is a bright light at the end of the tunnel. Your suffering is a pain, a pain of a painful surgery, but it has now returned to the moment of growth, and prosperity is awaiting us ahead,” Tinubu said.
Thank you for your perseverance. Thank you for your endurance and thank you for your understanding.”
Meanwhile deputy spokesperson of the House of Representatives, Philip Agbese, said President Tinubu’s administration is focused on transparency and sustainable economic growth, amidst criticism of delays in implementing the 2025 budget.
The 2025 budget, signed into law in December 2024, earmarked N4.91 trillion for defence, N4.06 trillion for infrastructure, N3.5 trillion for education, and N2.4 trillion for health.
Eight months into the fiscal year, delays in the capital component have slowed projects, prompting public frustration and calls for an extension into 2026.
“Some see delays, but I see diligence and how Minister of Budget and Economic Planning, Abubakar Atiku Bagudu masterminds a fiscal responsibility, verifying expenditures to align with global standards,” he said.
“Bagudu ensures our budget meets fiscal plans, addresses critical needs like infrastructure and healthcare, and builds a resilient future for generations,” he said.
President Tinubu, Olubadan Ladoja and Oyo State governor Seye Makinde. 