President Bola Ahmed Tinubu said Nigerians will smile again as the country’s revenue has improved.
In a statement by Ajuri Ngelale, a presidential spokesperson, the President disclosed this when he hosted leadership of the Senate to a dinner to break the Ramadan fast at the State House on Thursday.
The president assured the lawmakers that the country’s economic and insecurity challenges will be over.
He stressed that the current economic hardship will soon be a thing of the past for Nigerians.
“I am grateful for what you have been doing. The natural challenge we are facing will be over. With the current economic difficulty, we are about to turn the corner. Our revenue has improved. All we have to do is to control expenditure and manage ourselves better.
“Light is at the end of the tunnel, and Nigerians will soon smile again,” the President affirmed.
Nigerian Newssphere recalls that in the last Eight months revenue shared to the federal, states and local governments had increased. The three tiers of government in Nigeria got N5.108 trillion in revenues from the Federal Account Allocation Committee, FAAC from July 2023 to February 2024.