New Borrowings for Investments Will Expand Opportunities for Future Generations, Tinubu Replies Political Opponents
.Says success of govt’s economic policies will be assessed via completed projects, increased investment, employment generation, improved living standard Deji Elumoye in Abuja President Bola Tinubu has formally responded to
President Bola Tinubu addressed concerns over Nigeria's increasing borrowings for investments in a recent essay titled "From reforms to delivery: Our infrastructure investment and growth strategy." The president argued that the focus should not be on the amount borrowed, but on the value created and future prospects for the nation.
Key projects highlighted include the Lagos-Calabar Coastal Highway, Sokoto-Badagry Superhighway, Trans-Sahara Superhighway, electricity grid upgrades, and modernization of key commercial ports in Lagos.
These projects are expected to boost Nigeria's productive capacity, reduce logistics costs by 15-20%, and create over 250,000 jobs directly and indirectly. Tinubu emphasized that infrastructure development is crucial for achieving a $1 trillion economy by 2030 and connecting economic regions to unlock agricultural and industrial potential.
He also noted that positive economic indicators, such as a 4.43% real GDP growth in Q2 2026 and falling inflation, indicate improved investor confidence and the country's ability to attract long-term investment.
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