Nigeria’s economic reforms irreversible, Tinubu tells World Bank

President Bola Tinubu says Nigeria’s reform agenda is irreversible, adding that the country will not retreat from its economic reforms.

Tinubu spoke to the World Bank on Tuesday alongside Vice-President Kashim Shettima, who received a delegation from the World Bank led by Anna Bjerde, managing director of operations in the State House, Abuja.

“Since we gone into this tunnel of reform, we have our hands on the plough and we’re never going to look back,” the president said.

“It is very clear that initially it was painful, difficult, but those who win are not the ones who give up on their way in the difficult times.”

He outlined priorities like agricultural mechanisation to tap into the country’s vast arable lands and youthful population.

Seeking the bank’s support, Tinubu said he is working to make farming easier through mechanisation centers that support farmers with seeds to boost productivity.

He said gains from the reforms to include reduced inflation and a stable naira.

“What is the value of encouragement for an African that is taking this huge population on an assurance of prosperity? How can you accelerate that growth? In your Partnership with us is very important to me… please accelerate that,” he said.

Tinubu asked World Bank to accelerate the growth by partnering with the country on innovative financing.