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Home » ‘No Governor Now Runs To Banks To Pay Salaries,’ Tinubu Says Economy Improving
Economy

‘No Governor Now Runs To Banks To Pay Salaries,’ Tinubu Says Economy Improving

Editor1By Editor1March 10, 2026
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TINUBU LATEST

President Bola Ahmed Tinubu has said Nigeria’s economy has begun to recover under his administration, noting that state governors no longer depend on bank loans to pay workers’ salaries.

The President stated this on Monday while hosting traditional and religious leaders for an interfaith breaking of the Ramadan fast at the Presidential Villa in Abuja.

According to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu expressed gratitude for the opportunity to serve the country and pledged to remain committed to policies aimed at sustaining economic growth and prosperity.

“I am just grateful, one person among millions, that I have been given the opportunity to serve. And all I can do is promise that I will continue to be faithful in discharging my duty,” the President said.

“I can report that the economy has turned the corner. It is getting better. Pensioners are getting their relief gradually. We have saved Nigeria from bankruptcy.”

Tinubu recalled that the economic situation was extremely challenging when his administration assumed office but expressed confidence that the country had weathered the storm.

“It was very daunting and challenging when we took over. But today I can say with pride and joy that we have survived. No governor in this country is running around the banks to borrow money to pay the salaries of their workers,” he added.

The President also assured Nigerians that the country would not succumb to threats posed by insurgents and other agents of instability.

“Yes, we are challenged; the terrorists are very desperate now because they are getting barraged and defeated. They leave trails of blood in their wake. But I assure you of one thing: Nigeria will never surrender. We are not discouraged. We are going to win and win well,” he said.

Tinubu reiterated his administration’s commitment to investing in key sectors such as agriculture and education to ensure long-term national development and prosperity.

Speaking at the event, the Yahaya Abubakar commended the President for hosting leaders of the two major religions, describing the gathering as a symbol of national unity. He also offered prayers for peace, stability and the success of the administration.

The monarch represented the Nigeria Supreme Council for Islamic Affairs and the Sa’ad Abubakar at the event.

Leaders of the Christian community, including Daniel Okoh of the Christian Association of Nigeria and Stephen Baba-Panya, also pledged the church’s support for the administration’s efforts to strengthen the economy and improve security.

The event was attended by traditional rulers and religious leaders drawn from the six geopolitical zones of the country.

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