By John Joseph
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Senate President, Chief Godswill Akpabio, has come out in strong support of President Bola Tinubu’s economic reforms, stating that Nigeria’s economy was in shambles before Tinubu took office in 2023. Akpabio, who represents Akwa Ibom North West Senatorial district, made this assertion during his Constituency Briefing/ Empowerment in Ikot Ekpene, Akwa Ibom State.
According to Akpabio, President Tinubu inherited a severely ailing economy, but has demonstrated unwavering determination to turn things around. He noted that Tinubu’s experience in transforming Lagos State’s economy during his tenure as governor is a testament to his ability to replicate similar success at the national level.
Akpabio highlighted several initiatives undertaken by the president to boost economic growth, including continuous constituency projects across the country and the establishment of regional commissions aimed at developing the regions and empowering the people.
Furthermore, Akpabio commended President Tinubu for showing “love” to the South East by allocating key ministries, such as the Ministry of Works, and signing the South East Development Commission into an act of parliament. He also expressed gratitude to the president for allowing Akwa Ibom State to produce the Senate President, a position that has not been held by an indigene of the state since 1979.
Akpabio’s defense of Tinubu’s economic reforms comes amidst growing concerns about the state of Nigeria’s economy. As reported by ISS Africa, Nigeria’s economy was indeed facing significant challenges before Tinubu’s election, including a budget deficit, high inflation rates, and a decline in foreign direct investment.
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