HomePoliticsTinubu’s IMF Loan Payoff Is Economic Masterstroke — Delta APC

Tinubu’s IMF Loan Payoff Is Economic Masterstroke — Delta APC

Published on


KEY POINTS


  • Delta APC lauds Tinubu for paying back IMF debt describing it as a piece of financial genius.
  • The party celebrates the Renewed Hope Agenda for triggering Nigeria’s economy.
  • Commendations went to Delta Governor Oborevwori for being in tandem with the federal reforms.

The Delta State chapter of the All Progressives Congress has referred to President Bola Tinubu’s successful repayment of Nigeria’s debt to the International Monetary Fund as a financial triumph, economic masterstroke.

In a Thursday release that came from State Publicity Secretary Valentine Onojeghuo, the party attributed the development to what it referred to as Tinubu’s bold economic reforms and disciplined fiscal strategy.

The statement read that President Tinubu’s economic reforms, characterized by strong fiscal discipline, bold monetory policies and aggressive diversification initiatives, have brought back to life the country’s productive sectors and recasted Nigeria as a major investment site for the world,.

Nigeria’s economic resurgence noted

Delta APC said the loan settlement removed Nigeria from the list of IMF-indebted countries and described it as a powerful statement of Nigeria’s resurgence as a sovereign economic powerhouse.

The party also took credit for Tinubu’s Renewed Hope Agenda in revamping the economic terrain of the country and building investor confidence.

Governor’s efforts recognized by Delta APC

The party also paid him compliments by praising the Delta State Governor Sheriff Oborevwori and his M.O.R.E. Agenda, which they asserted was positive to the federal economic blueprint, and made reference to it as complementary to the federal economic blue print. The APC referred to signature infrastructure projects such as the Ughelli – Asaba Expressway, Enerhen and Effurun flyovers and the almost completed Ayakoromo Bridge as proof of positive impact.

Oborevwori’s development movement is changing the physical and economic map of Delta State according to the statement.

Bid for synergy between federal and state governments

The Delta APC urged more collaboration between federal and state governments, which would be to their advantage since they share the same leadership priorities.

The convergence of Federal and State level progress shows the potential when leadership is serious, accountable, and committed to service which impacts lives, the party said.

It ended by reiterating loyalty to President Tinubu and committed to the Governor Oborevwori’s second-term mandate.

Latest articles

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.

Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.

Lionel Messi plays final Argentina match tonight against Benin after 21 years, 207 caps and 125 goals

Lionel Messi will play his final match for Argentina on Tuesday in a friendly against Benin at Buenos Aires' Estadio Monumental, ending a 21-year international career.

More like this

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.

Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.