President Bola Ahmed Tinubu on Thursday presided over a decisive meeting of the Federal Executive Council (FEC) at the Presidential Villa, Abuja, reaffirming that Nigeria remains firmly on a path of stability, economic recovery, and strengthened global engagement.
The meeting featured the swearing-in of two ministers — Dr. Bernard Mohammed Doro (Humanitarian Affairs and Poverty Reduction) and Dr. Kingsley Tochukwu Udeh, SAN (Innovation, Science and Technology).
President Tinubu, while addressing the Council, emphasized that the Federal Government is engaging with global partners diplomatically and strategically, noting that Nigeria’s recent $2.3 billion Eurobond issuance — oversubscribed by over 400 percent — reflects renewed international confidence in the country’s economic direction.
He assured that despite political and security challenges, the government remains resolute in defeating terrorism and consolidating the gains of ongoing reforms under the Renewed Hope Agenda.
In his reaction after the meeting, the Minister of Regional Development, Engr. Abubakar Momoh, FNSE, commended the President’s firm leadership and the Council’s decisions, describing them as “bold steps that continue to strengthen investor confidence and expand opportunities across Nigeria’s regions.”
The Coordinating Minister of the Economy, Wale Edun, also briefed Council, noting that Nigeria recorded its strongest macroeconomic performance in a decade — with GDP growth rising to 4.23%, industrial growth doubling, inflation easing, and foreign reserves surpassing $43 billion.
President Tinubu urged ministers to maintain consistency in communication and unity of purpose as the administration intensifies its efforts to secure every part of the country and deliver prosperity to Nigerians.