In Face of N1,099.05/US Dollar, Tinubu Vows to Revive Nigerian Economy, Education System

Economy

Despite the fact that the Nigerian Naira has experienced a dramatic decline, reaching its lowest level ever against the US dollar at N1,099.05 on Friday, Bola Tinubu has said his administration has a comprehensive strategy to bolster the nation’s economy and education system, aiming to elevate Nigerian universities to global standards.

He said this at the 47th convocation ceremony of Obafemi Awolowo University (OAU) in Ile-Ife.

Addressing the gathering on Saturday, Tinubu, represented by Yusuf Sununu, the Minister of State for Education, assured the audience of the government’s commitment to revitalizing education.

Tinubu pledged sustained investments in education and research to equip Nigerian graduates with the skills necessary to compete on the international stage in an ever-evolving world.

READ ALSO: Naira Crumbles, Hits All-Time Low Under Tinubu’s Watch

Emphasizing the administration’s dedication to enhancing educational quality across all levels, Tinubu expressed his determination to reposition Nigeria for increased global competitiveness.

He highlighted ongoing initiatives designed to jumpstart the economy and encourage entrepreneurial ventures among the youth, underlining a multifaceted approach to national development.

“As a government, we can not pretend that our nation is facing challenges of poverty, insecurity, and political instability amid infrastructural deficiency.

“Our graduates and the University system have the potential to make a significant contribution in addressing these challenges and creating a better future for all,” Tinubu stated.

He emphasized his commitment to rejuvenating the Nigerian economy and safeguarding the well-being of citizens and their assets.

Tinubu called on the populace to unite in support of his administration, encouraging collective efforts to propel the nation to unprecedented achievements.