President Bola Tinubu on Tuesday declared that his administration has achieved its annual revenue target ahead of schedule, driven largely by non-oil income, and will no longer resort to borrowing from domestic banks.
Speaking at the State House while hosting a delegation of The Buhari Organization (TBO), made up of members of the defunct Congress for Progressives Change (CPC) led by former Nasarawa State governor, Senator Umaru Tanko Al-Makura, Tinubu said the country’s economy has stabilised.
“There is a guarantee that I know. Many of you had to suffer the initial abuse and the fear of where we were going. But today, I can brag that Nigeria is no longer borrowing a dime from local banks,” the President said.
He disclosed that the Federal Government had met its entire 2025 revenue target by August, stressing that the achievement was an indication of strong performance in non-oil revenue collection.
“What we need now is to create jobs for the people. I have just signed up for a huge mechanisation programme, with centres in every region, to drive agricultural production and ensure food security. If we remove hunger, we defeat poverty,” Tinubu added.
The President commended CPC stalwarts who have remained with the All Progressives Congress (APC) despite not securing appointments, promising to accommodate them in ambassadorial positions.
Reaffirming his commitment to continue the legacy of former President Muhammadu Buhari, Tinubu told his visitors not to be intimidated ahead of the 2027 elections. “Don’t let anybody threaten you with uncertainty. The path to Nigeria’s recovery is clear, and we are confident of success,” he said.
Earlier, Al-Makura pledged the CPC bloc’s loyalty to the President, assuring that the group would mobilise nationwide to secure APC’s victory in 2027. “We are with you in loyalty, in person, and in purpose,” he said.
The Speaker of the House of Representatives, Tajudeen Abbas, who was part of the delegation, also reaffirmed the bloc’s solidarity. He dismissed claims of disunity within the CPC family, insisting that over 90 percent of its pioneer leaders remained committed to Tinubu’s leadership.
The visit was attended by several prominent CPC members, including former ministers, party executives, and stalwarts of the Buhari Support Organisation.
