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    MarketForces Africa » MarketForces News » Nigeria on Path to Economic Prosperity— Tinubu

    Nigeria on Path to Economic Prosperity— Tinubu

    Julius AlagbeBy Julius AlagbeSeptember 26, 2025 Economy No Comments4 Mins Read
    Nigeria on Path to Economic Prosperity— Tinubu
    President Bola Tinubu
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    Nigeria on Path to Economic Prosperity— Tinubu

    ‎

    President Bola Tinubu has assured Nigerians that the nation’s economy has “turned the corner,” following the success of the bold economic reforms introduced by his administration.

    ‎The president reassured Nigerians that they would soon begin to enjoy the fruits of the reforms and thanked them for their patience and support.

    ‎Presidential Spokesperson, Mr Bayo Onanuga, in a statement, said the President stated this on Friday at the coronation of Oba Rashidi Ladoja as the 44th Olubadan of Ibadanland.

    ‎Tinubu attributed the success of his administration’s policies to the enduring support and sacrifices of Nigerians. “Today, I am honoured to bring the cheering news that our economy has turned around and there is now light at the end of the tunnel.”

    ‎The President praised the Olubadan for his enduring role in Nigeria’s democracy, especially for triumphing over an illegal impeachment as former governor of Oyo State.

    ‎“Today is an exciting day for me, Kabiyesi. Happy birthday to you. It is also a happy day for you. As President of the Federal Republic of Nigeria, it is a great honour to witness this history unfold.”

    ‎“All the things we started together with great expectations, and the history we shared are coming to pass. I pray that you will live long and be celebrated as one of the rare leaders in history to ascend the throne of your forefathers.”

    ‎“I pray that God will grant you more years of joy, prosperity and relevance.” Tinubu described the new Olubadan as a symbol of resilience, referencing his political journey marked by perseverance and commitment to public service.

    ‎Earlier, Gov. Seyi Makinde of Oyo State presented Oba Ladoja, a former governor and senator, with the staff of office and certificate of recognition.

    ‎Makinde noted that the coronation had put an end to lingering disputes over the Ibadan traditional throne among ruling families.

    ‎“It is a great honour to celebrate the 44th Olubadan of Ibadanland. All sons and daughters of the state at home and in the diaspora are proud of this historic moment. We must uphold our tradition.”

    ‎“I also want to say all challenges associated with the Ibadan traditional institution are now over, and put behind us. This means that the process is now sacrosanct.” The governor also thanked President Tinubu for honouring the event and showing respect for the people and their traditions.

    ‎In his remarks, Oba Ladoja described his ascension as a divine journey and a testament to life’s purpose and destiny. “I accept not just the paraphernalia of office but also the responsibilities attached to it.”

    ‎“I want to sincerely appreciate my brother and friend, President Bola Tinubu, for honouring me and all the sons and daughters of Ibadanland with his visit here today.”

    ‎“It is not by power, influence, connection, or money that we are here today. I appreciate God for taking me to the finishing line from the starting point as the Mogaji of the all-inclusive Arusa family, Isale Osi, Ibadan, in 1992 till date.”

    ‎Oba Ladoja pledged to honour the trust of the Olubadan Council and kingmakers, and expressed gratitude to the governor for validating his selection.

    ‎Some of the dignitaries at the event included the Gov. Lucky Aiyedatiwa of Ondo, Biodun Oyebanji of Ekiti State, A demola Adeleke of Osun.

    ‎The former governors were Donald Duke of Cross River, Olagunsoye Oyinola of Osun State, Rabiu Musa Kwankwaso of Kano State, Ibikunle Amosun of Ogun State, and Sen. Gbenga Daniel of Ogun State.

    ‎Tinubu was accompanied to the event by Minister of Power Adebayo Adelabu and Chairman of the Federal Inland Revenue Service (FIRS) Zacch Adedeji.

    ‎Also in attendance were the Sultan of Sokoto, Alhaji Sa’ad Abubakar III, Alaafin of Oyo, Oba Abimbola Owoade, and Soun of Ogbomoso, Oba Ghandi Olaoye. MTN Nigeria Slides Amidst Negotiated Block Trade

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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