Dele Alake, Minister of Solid Minerals Development, has promised Nigerians that President Bola Tinubu is going to transform the country.
He stated that Tinubu would turn around the country same way he did in Lagos State.
In a statement issued by his media assistant, Segun Tomori, Alake expressed confidence that Nigeria will soon overcome its current economic difficulties.
According to Alake, the suffering is due to Nigeria’s ongoing “gestation period” of economic restructuring and reforms.
Alake stated that President Bola Tinubu remains committed to revitalizing Nigeria’s economy and positioning it for long-term growth through his Renewed Hope plan.
According to him, the president has a track record of changing a region’s economic tides, just as he did when he was governor of Lagos State.
“Going down memory lane to the experience in Lagos state, the then governor Tinubu in 1999, met a state that was almost insolvent, with a monthly Internally Generated Revenue (IGR) of N600 million,” Alake said.“And a wage bill of over N1.1 billion monthly, with little or no resources to cater to infrastructure and other sectors of the economy.“President Tinubu took similar measures in Lagos as he is taking in Nigeria, to turn the tide and financially re-engineer the state. Today, the state is the fifth largest economy in Africa, bigger than most African countries.“What we are going through is the gestation period of reforms and policies for economic restructuring and like the President will say, it is like throes of pregnancy, that a pregnant woman goes through. After delivery, she heaves a sigh of relief.”
“For the first time, Nigeria has a president well-versed in public finance. I am confident in this administration’s capacity to diversify the economy, plug leakages, and redirect the economy to a path of sustainable growth,” he said.“The future of this country is extremely very bright. What we need to do is to exude confidence in our ability and capacity to weather the storm of restructuring, economic and societal restructuring.“As we restructure our economy, putting in physical infrastructure, we must also restructure our minds and mental capacity to be at par with physical development.“ So that we can efficiently and judiciously enjoy the benefits of physical development. With the cooperation of Nigerians, the tide will turn very soon, and we all will be proud,” he added
Leave a Reply