President Bola Tinubu, during his visit to Lagos House, Marina, expressed his commitment to reforming the nation’s financial system and ensuring a transparent budgetary process. The President thanked Governor Babajide Sanwo-Olu for hosting him and extended his gratitude to other governors and distinguished individuals who attended the event.
Tinubu commended the members of the Governance Advisory Council, highlighting the benefits of perseverance.
Former governors Babatunde Fashola and Akinwunmi Ambode, along with other prominent figures from the ruling All Progressives Congress, were present at the occasion.
Tinubu said, “Thank you for spreading the understanding to our Nigerian people that we need to take the steps to stop the bleeding of our finances through speedy action of fuel subsidy removal. We have no choice.
“From there, we must re-engineer the effectiveness of control and management of our resources in order to meet the obligation owed to Nigerians by politicians.”
He also stated that “We have to re-engineer the financial system of the country…and see that our economic planning and budgetary process is transparent enough to cater for all Nigerians.”
He added that Nigeria “can’t afford to be Father Christmas to other countries. We can’t just afford to continue paying the subsidy.”
Tinubu emphasized that Nigerians elected him with the mandate to implement essential changes that would benefit the present generation and future ones, including their grandchildren.
He made a firm commitment to adopting an open-door policy and collaborating closely with state governors to actualize genuine federalism in the country.
He appealed for a partnership among all stakeholders to collectively rescue and restore the nation to its full potential.