President Bola Tinubu has assured Nigerians residing in Saint Lucia that his administration has stabilised Nigeria’s economy, which he described as being on the brink of collapse at the time he assumed office.
Speaking during an interactive session with members of the Nigerian community on Wednesday at the Windjammer Resort in Castries, Tinubu highlighted the scope of economic challenges inherited by his government and the reforms implemented to restore investor confidence and macroeconomic stability.
“We inherited a country that was near bankruptcy,” Tinubu said. “But we have been able to rescue the economy. Nigeria has recovered. We have made the smuggling of our oil unattractive. We have stopped chasing forex papers at the Central Bank of Nigeria.”
The remarks were contained in a statement released on Thursday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.
While acknowledging that Nigeria’s per capita income remains low, the President expressed optimism about the country’s future, pointing to ongoing reforms aimed at fostering inclusive growth and long-term stability.
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Addressing the Nigerian diaspora, Tinubu said, “For the professionals living here, our government will not abandon you. But you must work hard. It is our job to help you succeed.”
The meeting, attended by Nigerian professionals, students, and religious leaders, was the second engagement between Tinubu and the diaspora community in Saint Lucia. The first was held on Tuesday night at the official residence of Saint Lucia’s Prime Minister, Philip J. Pierre.
The sessions were organised by the Nigerians in Diaspora Commission (NIDCOM), chaired by Abike Dabiri-Erewa, who praised the contributions of Nigerians living in Saint Lucia and encouraged them to continue fostering strong connections with their homeland.
“Nigeria is proud of what you contribute to Saint Lucia,” Dabiri-Erewa said, commending Tinubu for taking the time to engage directly with the diaspora community.