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Naija News • 1h ago

Governors No Longer Borrow For Salaries – Tinubu

Governors No Longer Borrow For Salaries – Tinubu
**Nigeria's Economy on the Rise: No More Borrowing for Salaries, Says Tinubu** President Bola Tinubu has declared that Nigeria has overcome its economic challenges under his administration. Speaking at an interfaith breaking of the fast at the Presidential Villa in Abuja, Tinubu expressed gratitude for the opportunity to serve and promised to continue working towards economic growth and prosperity. In a statement released by his spokesperson, Bayo Onanuga, Tinubu highlighted the progress made in stabilizing the economy. He revealed that state governors are no longer resorting to bank loans to pay workers' salaries, a welcome relief for many Nigerians who have endured months of salary delays. President Tinubu acknowledged the critical role played by religious and traditional leaders in promoting stability and moral guidance in communities. He assured Nigerians that his administration remains committed to defending the nation's peace, unity, and sovereignty against agents of instability. Nigeria's economy was indeed in a precarious state when Tinubu took office, but he is proud to report that the situation has improved significantly. Pensioners are gradually receiving their retirement benefits, and the country has been saved from bankruptcy. However, Tinubu's administration is not without its challenges. The ongoing fight against terrorism has intensified, with terrorists becoming increasingly desperate as they face defeat. Nonetheless, the President remains resolute, assuring Nigerians that the country will not be intimidated and will emerge victorious. Tinubu also reiterated his commitment to investing in critical sectors such as agriculture and education, which he believes will leave a lasting legacy for future generations. He urged Nigerians not to lose hope, assuring them that his administration remains focused on building a safer, more secure, and prosperous Nigeria for all. In a country where economic stability has often been a distant dream, President Tinubu's words of hope and progress are a welcome respite for many Nigerians. As the nation continues to navigate its challenges, one thing is clear: under Tinubu's leadership, Nigeria is on the path to economic recovery and growth.
Source: Original Article • AI-enhanced version for clarity & Nigerian context