NESG: We’re rewriting Nigeria’s story of under-performance — Tinubu

President Bola Tinubu said yesterday that his administration is rewriting Nigeria’s decades-long story of economic under-performance through far-reaching reforms designed to dismantle structural barriers, unlock the nation’s enormous potential and deliver jobs, productivity and shared prosperity.

He also said the administration is currently undertaking what it came into office to achieve — rewriting the story of a nation that had performed below its potential for far too long.

Speaking when he formally declared open the 32nd Nigerian Economic Summit Group, NESG, in Abuja yesterday, President Tinubu, who was represented by Vice President Kashim Shettima, noted that his administration began on a difficult note because there was no shortcut to economic growth.

“We came to rewrite the story of a nation that has performed below its potential for far too long. But there is no shortcut to economic growth. This is why we began with a difficult reset. For us, rescuing the economy means rescuing livelihoods and transforming the fortunes of young job seekers, farmers, manufacturers, entrepreneurs and innovators.

“We cannot harness the immense opportunities offered by our growing population without first stabilising the economy. We must also create the conditions for the public and private sectors to invest, expand and generate productive employment,” he explained.

Tinubu observed that the summit’s theme, “Growth That Works: Delivering Jobs, Productivity and Shared Prosperity,” was built on the ambition of the previous edition of the annual event to achieve a prosperous and inclusive Nigeria by 2030.