Tinubu to Nigerians: Don’t worry about inflation, we’ll bring it down

 President Bola Tinubu says even though he does not have a
magic wand, his administration would fix the economic challenges confronting
the citizenry.

Tinubu said this when he hosted the leadership of the All
Progressives Congress (APC) Presidential Campaign Council to 2024 Ramadan Iftar
at the State House on Wednesday.

The country’s inflation rate has been on a steady rise since
the Tinubu administration ended the petrol subsidy regime and unified the
exchange rate in 2023.

In its latest report, the National Bureau of Statistics
(NBS) said inflation rose to 31.7 percent in February 2024 — up from 29.9
percent in the previous month.

The president also said the country’s capacity to generate
revenue is getting better.

President Bola Ahmed Tinubu hosts the Leadership of the All Progressives Congress Presidential Campaign Council to 2024 Ramadan Iftar at the State House Conference Centre. pic.twitter.com/AgGjXHxZ5X

— Daddy D.O🇳🇬 (@DOlusegun) April 3, 2024

“It is the hard job that you promised the people of Nigeria
when you were campaigning for me, you promised them a good result. Didn’t you?
That is it! I have to work for it. No magic wand,” he said.

“I campaigned on hope, I have to rest on that hope, and push
for that hope for the joy of everyone of us.

“The economy is looking good. Don’t worry about that… we
know we have the challenge of inflation, it is okay, we will bring it down.

 “We are
reengineering, our revenue is getting better.”

The president said Nigeria is regaining its respect and
sovereignty around the world.

“Not that we have to go there and hire them to do the job
for us, we are doing it ourselves. Whatever is happening to us, we have to
solve it by ourselves,” he said.

“It is your effort, your thinking, your resourcefulness,
your investment, your dedication and hard work that can only get us there.”