…says Middle East crisis will trigger inflation
President Bola Ahmed Tinubu has said his sustained visits to foreign nations are yielding the desired results for the country on all fronts.
Tinubu made the declaration on Sunday when he played host to state governors who paid him a visit in Lagos.
The governors were led by Kwara State Governor and Chairman of the Nigeria Governors Forum, AbdulRahman AbdulRazaq.
Speaking specifically on his recent visit to the United Kingdom, President Tinubu told the governors that he secured assurances from the British government in the area of equipment to combat the scourge of banditry and terrorism.
He also revealed that, following his discussions with his counterpart in France, Emmanuel Macron, he extracted a commitment to assist Nigeria in combating insecurity.
Tinubu reaffirmed his determination to surmount the challenge of insecurity, which he described as an enemy of development, progress, and prosperity.
He said: ” The next phase of our struggle is staring us in the face, and it is the challenge of insecurity in this country, and I am making all the efforts to ensure that it is we collectively that will share the joy and be proud of victory over tyranny.
“Insecurity is an enemy of development, progress, and prosperity. That’s what insecurity is all about. I am glad that you are all mindful of the challenge. To me, I can commit myself to further strengthening my contacts, the network that is necessary. One of the major discussions in the UK is equipment and support. I can report to you that yesterday, again, I had a lengthy discussion with Emmanuel Macron on collaboration and support with us while I am making frantic efforts to contact other nations.
” If we have to spend our goodwill and line of credit. We have those who are willing to support us with equipment and training.
“We should just resolve. While you say it isn’t the time for policy discussions, we have a pyramid that we must work on in the state. I won’t single out what I have observed, a number of things that they are doing. You are all doing well, but you can do better. Caring for the vulnerable, I know this Middle East crisis will elicit inflation, will affect our purchasing power, the Labour Unions and others will be gearing to ask us to support them because of the effect of the Middle East war and prices at the ports, resulting in transportation problem, even though the Chairman has said there is no need for policy discussions that we should just rejoice. I am glad that you have something to bite.”
In his remarks, Governor AbdulRazaq congratulated President Tinubu on the successful trip to the UK and the many successes of investment proposals achieved during the visit.
He also commended Tinubu for “prosecuting the Renewed Hope Agenda in a way that has made Nigerians proud.”

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