President Bola Tinubu said that his government has stopped the “bleeding” happening nationwide since taking office a year ago. 

Tinubu said this while meeting with a Yoruba Leaders of Thought group at the State House on Friday, May 24. He also stressed that government must be transformative and meet the most critical needs of the people.

Ajuri Ngelale, who is the President’s Special Adviser on Media and Publicity, put out a statement that said: 

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“It has been challenging. It has been fulfilling as well. We took over, and we stopped the bleeding. I can say categorically now that Nigeria is no longer bleeding. And it will not bleed to death but will now move to prosperity. That is the promise I made to you all, and it is also the charge you gave me.

“We are managing to swim through the pond. The current could be a better one. We will turn the tide. We are turning the bend. This I assure you. I am being cautious. The worst is over for Nigeria. We will prevail.

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“I thank the team who have been working really hard. All I can promise is that we will do whatever it takes. We are determined, and we will work so that all Nigerians can feel the impact of good governance.”

The President assured Nigerians his administration would ensure they got value for every kobo spent. It would leave future generations a lasting legacy of prosperity while removing the yoke of poor governance and expanding access to qualitative public goods.

He said;

“We will get value for our money, and it is not for ourselves, but for our children. Our children will not inherit the burden of bad governance. Yet, they will enjoy the prosperity of Nigeria as a blessed nation from our very hands; from our sweat. We will bequeath to them a nation full of pride and prosperity.”

President Tinubu also called for deepening governance and reinforcing leadership across all levels of government and institutions. He added that his administration is committed to encouraging fiscal federalism and strengthening the system to enhance inclusion and equity for all Nigerians.

He said; 

“Healthcare upgradation is ongoing. Road rehabilitation and construction is continuing. Education development is ongoing. I am charging you to look at what is happening in the states. Pay attention to your state governors. 

Tell them to take their responsibilities seriously and make the people the focus of their development plans. Once there is synergy, I can assure you that Nigeria will be one of the best nations you will see anywhere on earth.

“Local government administration is being suffocated. People are looking for opportunities to ensure that they survive and become more purposeful through community development programs. I will not support any effort to make the local government a unitary system by handing all core responsibilities to the federal government. That is criminal when there is a federal system.

“We have a federal system. There are state and federal administrations. We have two components. States must do whatever is in the best interest of their process of administration. There is no one-size-fits-all. That is what we should do by looking at the revenue formula, and we must be consistent with federalism: fiscal federalism. 

You should expect those things from me, not the knee-jerk reactions ahead of elections. “Our population is growing. It is getting larger. The geographical requirement is getting bigger, so we still want more space for housing. The population is growing. So that is the basis for flexibility at the local government level. We must grow and expand.” 

While thanking the delegation of eminent Nigerians, President Tinubu urged continuous support for and faith in Nigeria, assuring them that his government would live up to expectations. He added;

“I can tell you that Nigeria is no longer printing paper money and deceiving itself that it has a base for survival. Nigeria went through terrible labour pains, but we have seen the baby coming out alive.”

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