Nigerian President Bola Tinubu assured citizens of renewed efforts to curb the rising costs of food and drugs.
Central to his New year address was the launch of the National Credit Guarantee Company, a collaborative initiative involving government agencies, the private sector, and multilateral partners.
Scheduled to begin operations by mid-2025, the company aims to bolster local manufacturing, enhance domestic production of essential goods, and strengthen the nation’s financial systems.
Reflecting on the challenges of 2024, President Tinubu expressed optimism for a brighter future, reiterating his administration’s commitment to fostering economic stability and sustainable growth. “We remain steadfast in our resolve to build an economy that works for every Nigerian,” he said.
