President Bola Tinubu swore in seven new ministers at the Presidential Villa in Abuja today, urging them to remain focused despite inevitable criticism. Tinubu acknowledged the current high cost of living, attributing it to both local and global economic challenges.
He reassured Nigerians that his administration is tackling the issues head-on and emphasized the importance of commitment from his team, especially in addressing economic and security challenges.
Commending the National Assembly for swiftly confirming the new ministers, the President reminded them of the duty and dedication required to serve Nigeria at this critical time. He expressed pride in the team’s efforts to drive economic recovery, mentioning progress in reducing debt servicing costs from 97% to 65% of revenue.
Tinubu affirmed his administration’s determination to curb profiteering and smuggling, stating that they have stopped the scavengers and will completely do the same to profiteers.” He concluded by welcoming the ministers to his team, pledging resilience and a vision for a prosperous Nigeria.
