President Bola Ahmed Tinubu has declared that Nigeria has successfully navigated through a period of economic uncertainty and is now heading toward a more promising future.
Tinubu made the statement during a reception held at the Tate Modern in London. The event was organised by the Government of the United Kingdom to celebrate the contributions of Nigerians to the country’s growth and development.
According to a statement issued by Bayo Onanuga, the President urged Nigerians not to be discouraged by negative economic indicators often highlighted by critics.
Tinubu expressed confidence in the resilience and capability of Nigerians, stating that the country had moved past the “dark tunnel” of economic hardship and uncertainty. He said Nigerians have consistently demonstrated the ability to succeed and excel globally.
Speaking during the Nigerian Modern Art exhibition, the President praised the creativity and determination of Nigerians who have continued to shape modern cultural and artistic narratives through innovation and resilience.
Also speaking at the event, David Lammy highlighted the growing economic relationship between the United Kingdom and Nigeria. He revealed that annual trade between the two countries has reached £8.1 billion, underscoring the importance of the bilateral partnership.
Lammy further noted that more than half a million Nigerians are currently contributing to the cultural and economic development of the United Kingdom, describing the relationship between both countries as one built on mutual respect and shared opportunities.
The event was moderated by Abike Dabiri-Erewa, who highlighted the achievements of Nigerians occupying prominent positions across different sectors in the United Kingdom.
Tinubu’s visit also marked a significant diplomatic milestone, as it represented the first state visit by a Nigerian leader to the United Kingdom in 37 years. During the trip, both countries signed several agreements aimed at strengthening cooperation in areas such as trade, investment, defence, and culture.
Among the key deals signed during the visit was a £746 million financing agreement for the refurbishment of the Lagos Port Complex and the Tin Can Island Port, projects expected to boost Nigeria’s trade infrastructure and economic growth.
The President’s remarks come at a time when Nigeria continues to grapple with economic challenges such as inflation, currency fluctuations, and rising living costs following major policy reforms implemented by his administration.
