President Bola Tinubu has reiterated his administration’s efforts to restoring confidence in Nigeria economy through measures aimed at reducing inflation, stabilising the foreign exchange market, and improving fiscal management.
Tinubu stated this on Tuesday at the 17th Annual Chartered Institute of Bankers of Nigeria, CIBN, Banking and Finance Conference held in Abuja.
Represented by his vice, Kashim Shettima, the president described theme of the CIBN Conference, ‘Accelerating Economic Growth and Development: The State of Play and the Way Forward,’ as timely and imperative.
He noted that the conference came at a time the nation was grappling with interrelated challenges.
Tinubu identified the challenges as high inflation, rising costs of living, unemployment, infrastructure deficits and effects of global economic shifts.
He observed, however, that the challenges also present opportunities for growth and development.
In addressing the challenges, the President said that the…