President Bola Tinubu on Thursday admitted that the nation’s finances is bleeding profusely, vowing to stop the bleeding and reposition the country in the right direction.
Tinubu spoke at a banquet organised for him by the Lagos State Governor, Babajide Sanwo-Olu, at the State House, Marina.
“We are on and I am standing here reassuring you that I will not relent in working with all of you with available resources.”
He added: “We can’t afford to go under, we can’t afford to be Father Christmas to neighbouring countries. We can’t just afford the petrol subsidy and it is getting a hold on the foreign exchange.
“I could say I want to share in the benefits and participate in the arbitrage, but God forbid. No! that is why you elected me, you chose me to bring about changes that will benefit not only you but your grand children and our tomorrow.’’
The host, Lagos State Governor, Babajide Sanwo-olu, promised to join hands with the President’s administration in rebuilding Nigeria to an unprecedented height.
At the event were the Vice President, Kashim Shettima; First Lady Oluremi Tinubu, National Assembly members, led by Senate President Godswill Akpabio and House of Representatives Speaker, Tajudeen Abass.
There were also Governors Dapo Abiodun (Ogun), Hope Uzodimma (Imo), Abdullahi Sule (Nasarrawa), Babagana Zulum (Borno), Alex Otti (Abia), Fr. Hyacinth Alia (Benue), Bassey Otu (Cross River), Duoye Diri (Bayelsa), Yahaya Bello (Kogi) and Acting Governor Lucky Aiyedatiwa (Ondo).
Former minister of Works and Housing , Babatunde Fashola; Lagos State Deputy Governor Obafemi Hamzat; former Governors Akinwunmi Ambode (Lagos) and Abdullahi Ganduje (Kano) and former Lagos Deputy Governor Femi Pedro, were present.
There were also Africa’s richest man, Aliko Dangote and Alhaji Rasak Okoya, among others.