President Bola Tinubu has called for decisive action from members of the National Economic Council (NEC), stressing that ongoing reforms must translate into tangible improvements in the lives of Nigerians. He said the administration’s economic policies are aimed at creating jobs, expanding opportunities, and strengthening key sectors such as education and healthcare.
Speaking at a NEC conference in Abuja, Tinubu emphasized that reform efforts must not remain abstract policies but should produce measurable outcomes. He urged council members, including state governors and other senior officials, to focus on implementation that delivers direct benefits to citizens.
The president reiterated his commitment to building a stronger and more resilient economy. He said structural changes introduced by the federal government are designed to stabilize public finances, attract investment, and lay the foundation for sustainable growth.
Tinubu noted that economic transformation requires coordination between federal and state governments. He called on governors to align their policies with national priorities, particularly in areas affecting job creation and social welfare.
According to him, reforms must result in better schools, improved healthcare systems, and expanded economic opportunities. He stressed that Nigerians expect visible progress and that government at all levels has a responsibility to meet those expectations.
During the meeting, the council also agreed to expand the mandate of its committee on anti-oil theft. The decision reflects ongoing concerns about revenue losses linked to crude oil theft and pipeline vandalism.
Oil theft has been a persistent challenge, reducing government earnings and affecting production levels. By broadening the scope of the anti-oil theft mandate, the council aims to strengthen coordination among security agencies and other stakeholders.
The NEC further tasked state governments with improving tax administration and enhancing social spending. Tinubu underscored the importance of boosting internally generated revenue to reduce overdependence on federal allocations.
He encouraged states to adopt more efficient tax systems that are transparent and equitable. At the same time, he urged them to ensure that increased revenues are directed toward social services and infrastructure.
The president said fiscal discipline and responsible spending are critical to achieving economic stability. He emphasized that reforms must be accompanied by accountability and prudent management of public resources.
Participants at the meeting discussed strategies for enhancing revenue generation while protecting vulnerable populations. There were also deliberations on how to ensure that social spending targets those most in need.
Tinubu maintained that economic reform is a collective effort that requires cooperation across tiers of government. He expressed confidence that with sustained action and coordination, Nigeria can overcome current challenges and unlock new opportunities.
The NEC meeting comes amid ongoing efforts to address inflationary pressures and improve macroeconomic indicators. The administration has introduced measures aimed at restoring investor confidence and strengthening public finances.
Observers say the success of the reform agenda will depend largely on effective implementation at the state level. Governors play a critical role in areas such as education, healthcare, and local economic development.
By linking reform outcomes to job creation and improved public services, the president signaled a focus on inclusive growth. He reiterated that economic policy must ultimately serve the people and deliver practical results.
The expanded anti-oil theft initiative and renewed emphasis on tax efficiency reflect the council’s broader strategy to improve revenue performance. Increased revenues are expected to support investments in infrastructure and social programs.
Tinubu concluded by urging council members to move from discussion to action. He said Nigerians are looking to their leaders for solutions and progress, and that the time has come to ensure reforms produce meaningful change across the country.
