As his tenure comes to an end in a week’s time, President Muhammadu Buhari has expressed his satisfaction with the state of Nigeria’s economy. Speaking at the inauguration of the Dangote Refinery in Lagos, he said he is pleased to leave the economy in competent hands and is confident that the President-elect, Bola Tinubu, will continue the efforts to improve the country’s economic and business environment.
According to Buhari’s Special Adviser on Media and Publicity, Femi Adesina, the president described the commissioning of the refinery as a significant milestone for Nigeria’s economy and a game-changer for the downstream petroleum products market across Africa. Heads of state from Ghana, Togo, Niger, Senegal, and a representative of the President of Chad graced the occasion.
President Buhari acknowledged the significant challenges Nigeria’s economy has faced in recent years, including a lack of economic infrastructure, insurgency, and external crises such as the Global Financial Crisis, oil price collapses, COVID-19 pandemic, and the Russia-Ukraine war. Despite these challenges, he noted that his administration had focused on creating an enabling environment for the private sector to thrive and fill the gaps in investments in infrastructure and other critical sectors.
In conclusion, President Buhari expressed his confidence in Tinubu’s ability to strengthen Nigeria’s public-private partnership policies and accelerate the pace of growth and development in the country’s economy.
