"TINUBU HAS TRANSFORMED NIGERIA. HE CAME PREPARED, AND THE RESULTS ARE OBVIOUS." OONI OF IFE, ADEYEYE ENITAN

The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, has hailed President Bola Tinubu’s administration, saying Nigeria is witnessing unprecedented progress under his leadership.

Speaking at the inauguration of the PBAT Door-to-Door Movement in Abuja on Thursday, the monarch commended Tinubu’s economic and governance reforms, describing them as historic.

“President Bola Ahmed came very prepared, and the result is obvious. From the public governance and the private sector, what’s happening in this country has never been experienced before.

If you go to capital market of Nigeria today, we are getting to a market capitalisation of over N140 trillion. Never in the history of Nigeria,” he said.

The Ooni also argued that the administration’s reforms had strengthened Nigeria’s position globally.

He added, “Never in the history of our country that Nigeria will play a strategic role in the European economy.”

Highlighting improvements in the country’s external reserves, the monarch said Tinubu’s policies were laying the foundation for sustainable economic growth.

“Also, the foreign reserve of this country is now getting to $52 billion. This can finance importation in the next three years conveniently. The projection is there, and clearly the dollar is going to be stabilised, and there won’t be anything to shake our foreign exchange. The disparity is so close.

“No more arbitrage. No more rent-seeking. We are now ready for real production in our country. Look at what he has done to Ajaokuta Steel and the NNPC,” the traditional ruler said.

The traditional ruler expressed confidence in the President, saying traditional rulers across the country were proud to identify with his administration.