President Bola Ahmed Tinubu has disclosed that Nigeria achieved its 2025 revenue target in August, driven largely by growth in the non-oil sector.
Speaking at the Presidential Villa during a meeting with founding members of the defunct Congress for Progressive Change (CPC) and The Buhari Organisation, led by former Nasarawa Governor Umaru Tanko Al-Makura, the President attributed the milestone to reforms aimed at stabilising the economy.
Tinubu noted that the economy is now predictable, with improved access to foreign exchange and a focus on boosting exports and job creation.
In a statement by Tinubu’s spokesperson, Bayo Onanuga, the President also reaffirmed commitment to the Renewed Hope Agenda, emphasising infrastructure development, healthcare improvements, food security, and national safety.
Tinubu expressed gratitude for the CPC’s support and promised to sustain the legacies of former President Muhammadu Buhari, including plans for a Buhari House.
The statement partly reads: “President Bola Ahmed Tinubu said on Tuesday in Abuja that the revenue target for 2025 was achieved in August, following economic reforms focused on stimulating the non-oil sector.
“He said that the bulk of the revenue came from the non-oil sector.
“The President assured Nigerians that the Renewed Hope Agenda is firmly anchored on building critical infrastructure, improving health facilities, ensuring food sovereignty, and providing security.
“He spoke at a meeting at with the founding members of the defunct Congress for Progressive Change and The Buhari Organisation, led by the former Governor of Nasarawa State, Umaru Tanko Al-Makura.
“President Tinubu said that the economy was heading in the right direction.
“The economy is now stabilised. Nobody is trading pieces of paper for foreign exchange (forex) anymore. The economy is now predictable. You do not need to know the CBN Governor, Yemi Cardoso, to obtain foreign exchange or import goods.
“What we need now is building the ship and the vessels for the export of our goods and creating more jobs for our people,’’ the President noted.
“He said the federal government will establish agricultural mechanisation centres in all regions of the country to build capacity, expand cultivation and harvest, and guarantee food sovereignty.
“We are going to have trainees. That programme is our path to food sovereignty.”
“Reflecting on his longstanding relationship with the CPC, President Tinubu described the political journey and merger as “a sweet memory,” and expressed gratitude to the group for their support.
“When I see people like you, I am determined to work harder.”
“President Tinubu assured the delegation that the legacies of former President Muhammadu Buhari would be sustained and immortalised with a Buhari House, adding that more members of the old CPC would be given opportunities to participate in the government.
“Thank you for your patience until now. But first of all, we must cure the economy and bring hope to the people, which is what we stand for. Thank you for believing in me,’’ he said.”