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Home News Bite Politics

Nigeria Will Not Borrow Locally Again – Tinubu

admin by admin
September 3, 2025
in Politics
Reading Time: 3 mins read
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Bola Tinubu

Bola Tinubu

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President Bola Tinubu has said that his administration has met its revenue target for the year.

He recently revealed that the target was met primarily from the non-oil sector, and Nigerians have been reacting.

Speaking when he hosted The Buhari Organization, TBO, made up of the defunct Congress for Progress Change, CPC, led by the former governor of Nasarawa State, Senator Umaru Tanks Al-Makura, who was on a solidarity visit to the seat of power, President Tinubu shared that his supporters should not let anybody threaten them over the 2027 elections.

According to him, Nigeria is currently stable economically, and the government no longer has to borrow money from domestic banks to survive.

He stated that the administration just needs to create more jobs for the people, and more prosperity is inevitable.

“We have met our targets of revenue for the whole year, and we met it in August. I received it this morning. If non-oil revenue is doing well, then I have no fear of whatever Trump is doing on the other side.

I have just signed up for a huge mechanization program that every region will have a mechanized center for agricultural mechanization and have trainees and all of that. I believe that is our path to food sovereignty and food security.

If we remove hunger, we have defeated poverty. All I can promise you is where we started and where we are going. The path to Nigeria’s recovery, we are on it. Don’t let anybody threaten you with any uncertainty. We are confident that we will succeed. Part of what we inherited from Buhari was his honesty, transparency, and justice; that’s all.

You won’t have anything less than that. You will have joy at the end of this journey and we will definitely put something together to build a Buhari House that house will be a house of joy and prosperity,” he said.

Revealing that he is building on the legacies of the late President Muhammadu Buhari, BAT vowed to do more via hard work and thoughtful consideration.

Tinubu concluded by saying that he knows the direction the country is heading, and he can confirm that it is upward.

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“I couldn’t appoint everybody at once, and thank you for your patience. I still have some slots available for ambassadorial positions that many people are craving for.

First of all, we are fixing the economy. Bringing hope to the people. That is what we are looking for. And that is who is here. Thank you for believing in me. The economy is stabilised; nobody is trading a piece of paper for an exchange rate anymore

What we need now is building the ship, bedrooms for export and import to buy goods and create jobs for the people.

There is a guarantee that I know, many of you have to suffer the initial abuse and the fear, where are we going? We know the direction we are heading, and we are moving upward.

Those who may not know, now know, as I am standing before you, I can brag that Nigeria is no longer borrowing a dime from local banks,” he added.

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