Tinubu Tells World Bank Nigeria’s Reforms are Permanent as Naira Stabilizes and Growth Hits 4.7%

President Bola Ahmed Tinubu has sent a clear message to both domestic critics and international investors: the era of “economic flip-flopping” in Nigeria is over. Speaking at the State House on Tuesday, the President vowed that his administration would never reverse its bold economic reforms, describing the current path as the only tunnel leading to long-term prosperity.

During a high-level meeting with the World Bank’s Managing Director of Operations, Anna Bjerde, Tinubu acknowledged that the journey has been far from easy. “Since we went into this journey of reform, we have our hands on the plough, and we’re never going to look back,” the President stated. “Initially, it was painful and difficult, but those who win are not those who give up along the way.”

The President’s confidence is backed by fresh data. After a turbulent 2025, the administration is reporting a “dramatic” drop in inflation and a newfound stability for the Naira. With the national economy projected to grow by 4.68% this year, the government is doubling down on its “Renewed Hope” agenda to transform Nigeria into a $1 trillion powerhouse by the end of the decade.

A major focus of the discussion was the “greening” of Nigeria’s vast arable lands. Tinubu called on the World Bank to move beyond traditional aid and partner with Nigeria on large-scale agricultural mechanization. The goal is to move millions of young Nigerians from small-scale farming into high-tech, commercial cooperatives that can feed the nation and export to the world.

The World Bank delegation didn’t hold back their praise. Anna Bjerde noted that Nigeria has become a “frequent example” in her discussions with world leaders, citing Tinubu’s steady hand during the “difficult middle phase” of reform as a rare feat of political will.

As the government prepares to launch a new Development Policy Operation with the bank, the message from Abuja is loud and clear: the “bitter medicine” is working, and the Great Nigerian Rebound is officially in motion.