President Bola Tinubu has defended the economic reforms introduced by his administration, insisting that Nigeria can no longer sustain policies that mortgage the future of generations yet unborn. Speaking on the sidelines of the 2026 Africa CEO Forum in Kigali, Rwanda, during a session titled “Holding the Line: Nigeria’s Reform……
President Bola Tinubu has defended the economic reforms introduced by his administration, insisting that Nigeria can no longer sustain policies that mortgage the future of generations yet unborn.
Speaking on the sidelines of the 2026 Africa CEO Forum in Kigali, Rwanda, during a session titled “Holding the Line: Nigeria’s Reform Bet in a Fractured World,” the President acknowledged that the reforms have been painful, but argued they were necessary to stabilise the economy and restore investor confidence.
President Tinubu said the decision to remove petrol subsidy was taken to stop what he described as the wasteful spending of resources that should be channelled into national development.
The President also defended the administration’s tax reform agenda, saying revenues generated would be directed towards infrastructure development, industrial growth, job creation, education, healthcare and improving the overall welfare of Nigerians.
While highlighting early signs of economic recovery and renewed investor interest, President Tinubu said his administration remains focused on consolidating the gains already recorded, particularly if given another mandate by Nigerians.
The Africa CEO Forum brings together African leaders, global investors and business executives to discuss strategies for economic growth, regional integration and private sector development across the continent
