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Tinubu: Restoring Confidence in Nigeria’s Economy for Sustainable Growth

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Tinubu: Restoring Confidence in Nigeria’s Economy for Sustainable Growth, Tinubu, represented by his Vice, Kashim Shettima, gave the assurance on Tuesday at the 17th Annual Chartered Institute of Bankers of Nigeria (CIBN) Banking and Finance Conference held in Abuja.
He described theme of the CIBN Conference, ‘Accelerating Economic Growth and Development: The State of Play and the Way Forward,’ as timely and imperative.
The President noted that the conference came at a time the nation was grappling with interrelated challenges.
He identified the challenges as, high inflation, rising costs of living, unemployment, infrastructure deficits and effects of global economic shifts.

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Tinubu observed, however, that the challenges also present opportunities for growth and development.
In addressing the challenges, the President said that the administration had taken bold but painful steps to reform the macroeconomic environment.
“Though painful in the short term, the removal of fuel subsidies is designed to free up budgetary resources for critical investments in infrastructure and social services.
“The adjustment of the monetary policy rate, a move aimed at curbing inflation and fostering a more market-oriented exchange rate system,” he said.
Tinubu also noted that his administration was committed to strengthening infrastructure development in the ongoing bid to grow Nigeria’s economy.
“We are committed to upgrading Nigeria’s infrastructure to support economic growth.
“We are investing in roads, railways, and energy projects through public-private partnerships to reduce transportation costs and improve market access,” he said.
He added that the administration was prioritising the digital economy, to drive innovation and enhance financial inclusion.
“We are expanding broadband penetration and encouraging the growth of tech startups through initiatives such as the Digital Nigeria program.
“For example, we currently train three million Nigerian youths in digital technology and essential skills and then deploy them to innovation hubs.
“These efforts are designed to create jobs, increase productivity, and make financial services more accessible to Nigerians in all corners of the country.
“It is essential to state that we are committed to achieving a 70 percent digital literacy level by 2027 through innovative approaches in delivering initiatives, continuous collaborations, and stakeholder engagement,” he said
The President called for collaboration across all sectors, including the government, private industry, and civil society organisations.
“To achieve sustained economic growth, we must intentionally align our policies and actions with the changing global landscape.
“The government is committed to implementing reforms to enhance macroeconomic stability, reduce inflation, and support infrastructure development.”
Tinubu expressed hope that the conference would provide a platform for sharing ideas, exchanging knowledge, and exploring innovative solutions to the challenges bedeviling the country.
“The conversations during this event will allow us to dissect the critical problems affecting our financial system and economy, identify growth opportunities, and collectively shape the future of banking and finance in Nigeria,” he added.
Earlier, President/Chairman of CIBN, Prof. Pius Olanrewaju, called for urgent introspection on Nigeria’s economic challenges, stressing the need for innovative solutions.
“We are on a journey to economic growth and prosperity,” Olanrewaju stated, acknowledging however that the current challenges are things of concern.”
He emphasised that while the Central Bank of Nigeria has introduced several monetary policies to address the issues, their success hinges on “the professionalism and patriotism of operators in the financial services sector.”
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Benue attacks: Community members sheltered the attackers, gave them food and women – CDS Musa alleges

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4 hours agoon
June 19, 2025By
John
The Chief of Defence Staff (CDS), General Christopher Musa, has alleged that some residents of Benue state provided accommodation, food, and even women to the assailants who carried out the recent deadly attack on Yelwata community that left over one hundred and fifty persons dead. The military chief said this today June 19 at an expanded media interaction at the Defence Headquarters in Abuja. He said local informants also helped the attackers identify the location of the Internally Displaced Persons (IDP) camp in Yelwata, resulting in the high casualty figure recorded in the massacre. The security chief disclosed that troops had received intelligence about potential attacks in various communities across the state and were mobilized accordingly. However, upon arrival at the initially mentioned locations, it turned out the information was misleading, as the real attack had already been executed in Yelwata using a hit-and-run approach. These criminals were harboured by people in the community. They were given food. They were even given women. They were guided on where the IDP camp was located. Yet, security forces received no information, the CDS lamented. He emphasized that President Bola Tinubu has directed the full activation of all national security forces Army, Navy, Air Force, Police, and intelligence agencies to track down the perpetrators and bring them to justice. This is why we consistently urge communities to be vigilant and report suspicious activities. Security is everyones responsibility, he stated. General Musa used the occasion to urge the Federal Government to urgently address the issue of Nigerias porous borders, which he described as a growing threat amid rising instability in the Sahel region. He cited the flow of arms and fighters from crisis-hit countries like Sudan, Libya, and the Central African Republic, warning that these elements are exploiting Nigerias vast and unmonitored frontiers. He proposed learning from countries like Pakistan, which successfully built a fortified double-layer border wall to separate itself from Afghanistan. The CDS offered heartfelt condolences to the families and communities affected by the attacks, especially the tragic killings in Yelwata and other violence-stricken areas across the country. These senseless killings weigh heavily on our hearts. We remain fully committed to ensuring justice and restoring peace to every part of Nigeria, he said The post Benue attacks: Community members sheltered the attackers, gave them food and women – CDS Musa alleges appeared first on Linda Ikeji Blog.
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Atiku calls Tinubu's visit to Benue 'a political show'

Published
7 hours agoon
June 19, 2025By
JohnFormer Vice President Atiku Abubakar has slammed President Bola Tinubu’s condolence visit to Benue State, describing the trip as a political spectacle.
According to Atiku, the President’s visit lacked any sincere efforts to address the security issues plaguing the state or express sympathy for victims of violence.
Speaking through his Media Adviser, Paul Ibe, the former Peoples Democratic Party (PDP) presidential flagbearer, accused the Tinubu administration of focusing on political theatrics instead of working out real solutions to the prevailing insecurity in the country.
The President travelled to the troubled Benue State on Wednesday, June 18, 2025, where he visited the injured victims of recent killings in the Yelewata community and held a town hall meeting with stakeholders.
ALSO READ: Benue is facing genocidal invasion by herder terrorists – Monarch tells Tinubu to his face
“It’s commendable when a leader empathises with the people; offering a shoulder to lean on and sharing in their grief is a mark of true leadership. However, the visit was marred by political theatrics. Children were lined up on the highway, waving at the president in the rain; subjecting them to such conditions was unnecessary,” Ibe told Vanguard on Thursday.
Ibe tackles Tinubu over insecurity
The former Vice President’s media aide also condemned what he termed the government’s failure to tackle the root causes of insecurity, faulting the lack of arrest of suspects despite the death of over 200 people in the latest bloodbath in Benue.
“The same security agencies that failed to prevent or investigate this tragedy were quick to tear gas peaceful protesters demanding accountability for their safety. This is unacceptable,” Ibe added.
He further took a swipe at the current administration’s overall handling of governance, concluding that the Federal Government lacks understanding of the true nature of Nigeria’s security problems.

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“When you misdiagnose a problem, the solution will inevitably be flawed; garbage in, garbage out. Look at the individuals heading the security portfolios: they’re politicians, not experts. They’re focused on political gains rather than the demands of their roles,” he criticised.
He highlighted the importance of inclusive governance, arguing that the alleged alienation of certain regions, religions and ethnic groups by the Tinubu government has worsened instability.
“Inclusiveness is a tool for national unity and stability. When you dismiss or alienate people, they will inevitably create chaos,” Ibe stated.
ALSO READ: How come no one has been arrested? – Tinubu queries IGP over Benue killings
In conclusion, he blasted the administration for turning its focus on the 2027 elections, claiming that it has distracted it from more urgent national concerns.
“The focus on 2027 is distracting from pressing issues, leaving problems unaddressed and insecurity rampant. There’s nothing new this administration has introduced to tackle these challenges,” he added.
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Child therapist admits to sharing baby-r@pe p0rn

Published
10 hours agoon
June 19, 2025By
John
A female child therapist has confessed to sharing horrific videos and photos of baby r@pe online, where she also got a sick pleasure out of pretending to be a dad who r@ped his own kids. Renee Hoberman, a 36-year-old licensed social worker from Plainview, pleaded guilty in federal court in Islip on Wednesday, June 18, to distributing child p0rn videos on the social media app Kik, including the r@pe of a baby less than 1 year old, federal prosecutors said. She told investigators that she got off on the stomach-churning content, which she shared in 2024 while she was working in Melville as a therapist with children aged 17 and under. The defendant admitted to distributing extremely vile and unthinkable videos depicting the horrific sxual abuse of babies. The videos the defendant distributed and sought for her own perverse pleasure showed the most innocent members of our society being restrained and violently r@ped, stated US Attorney Joseph Nocella Jr. The defendants crimes should outrage and offend every decent member of our society, he added. One nauseating video shared by Hoberman depicted a baby between 6 months and 1 year old being held down and r@ped by an adult man, prosecutors said. She also participated in perverted online chat rooms in which she pretended to be the father of several children and claimed to have had sx with them. Hoberman chatted under several usernames, including badgurl854, AlwayzSpnkednkd, prettyprncss2388, Daddywhospanks N@ked, and multiple others during the disgusting incidents, which allegedly occurred between June and October 2024. The user further claimed that he would have an@l sx with the children and would punish the children by getting n@ked, stripping the children n@ked, and spanking them while the other children watched, the criminal complaint stated. Hoberman, still posing as a man, also uploaded two videos showing child sx abuse, which she claimed were her children, prosecutors said. She even invited one sicko to visit his family in New York to spank and sxually abuse the fictional kids. Authorities zeroed in on Hoberman after they received several tips about the abuse from Kik. They found child sxual abuse content in a hidden folder on her phone, and she admitted to sharing child pornography on other messaging apps. She admitted to federal agents that she has a preference for children from infancy to age three, and that she prefers violent depictions of the children in child pornography, according to the complaint. Hoberman faces up to 20 years in prison.The post Child therapist admits to sharing baby-r@pe p0rn appeared first on Linda Ikeji Blog.
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