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Home » News » We Cannot Continue To Play Poker With Our Economy – President Bola Tinubu Declares At APC National Caucus Meeting
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We Cannot Continue To Play Poker With Our Economy – President Bola Tinubu Declares At APC National Caucus Meeting

By Michael Chibuzo3 August 2023No Comments5 Views3 Mins Read
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…charges APC to embrace financial discipline and women & youth inclusion.

President Bola Ahmed Tinubu has continued to explain his decision to end the fuel subsidy regime in Nigeria as well the arbitrage in the foreign exchange market due to the multiple foreign exchange windows hitherto operated by the Central Bank of Nigeria. The President while addressing the National Caucus Meeting of the All Progressives Congress, which took place at the State House Conference Centre, detailed decisions he has taken so far to reform the country’s economy, reiterating that Nigeria cannot continue to sustain the treasury-depleting fuel subsidy and losses incurred by the past foreign exchange management regime. President Tinubu declared that Nigeria cannot continue to play poker with her economy, which is why he took the decisions he has taken so far.

The President while speaking further stated that to strengthen the All Progressives Congress (APC) and firmly establish its stability as a governing party, the leadership of the party must embrace accountability in all forms and imbibe financial discipline. He also pointed out that the party must prioritise the active promotion of top-level women and youth participation in the day-to-day operations of the party. The President, who is the national leader of the APC noted that the future of the party belongs to Nigeria’s young people and women, considering their proven dedication and demonstrable prowess in election matters.

The President said, “as a party, we must handle our finances very well. I hope the financial audit recommended by the National Working Committee (NWC) will help us strengthen our finances better. I thank our governors who contribute generously to the wallet of the party. These times are tough. We are challenged. Please continue to support the party.”

“Our party also needs to be more gender friendly, and we need more participation from the youths because they own our tomorrow. Let’s get more youths and women involved. They are very dedicated election masters,” he added.

In his welcome address, the Acting APC National Chairman, Senator Abubakar Kyari commended President Bola Ahmed Tinubu for the steps he has taken so far to reposition the economy for greater productivity and future prosperity. The Acting National Chairman presented two memos to the National Caucus; one on the Appointment of External Auditors and the other on filling of vacant party offices. The two major party positions which the Caucus considered are that of the National Chairmanship and National Secretary seats that will be filled by the National Executive Council (NEC) at its next meeting scheduled for Thursday, August 3, 2023, at, the Transcorp Hilton Hotel, Abuja.

Party leaders in attendance at the National Caucus meeting included the Vice President, Senator Kashim Shettima, former National Chairmen, Chief Bisi Akande, Chief John Oyegun, as well as serving governors, former governors and National Assembly members and representatives of the National Working Committee.

All Progressives Congress APC National Caucus Meeting President Bola Tinubu Sen. Abubakar Kyari
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