Nigeria’s economy recovering, states no longer depend on federal bailouts —Tinubu

Nigerianeye | 31-05-2026 06:58am |

President Bola Tinubu has announced that Nigeria's economy is on the path to recovery, with states no longer dependent on federal bailouts to meet their payroll obligations. During a meeting with members of the Nigeria Governors’ Forum, Tinubu acknowledged the political and legal challenges he faced on his journey to the presidency and expressed gratitude to the governors for their support amid uncertainties regarding his administration's policies. He highlighted improvements in macroeconomic indicators, ongoing infrastructure projects, and the revitalization of the agricultural sector as key factors contributing to the nation's economic growth. The president emphasized the importance of maximizing agricultural opportunities to achieve food sufficiency and urged governors to continue fostering public confidence in the government's economic reforms.

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