President Bola Tinubu has informed Nigerians living in Saint Lucia that his administration inherited an economy on the brink of collapse but has successfully implemented reforms to restore stability and attract investment. Speaking at an event at the Windjammer Resort in Castries, the President outlined the economic challenges faced and the government’s response.
“We inherited a country that was near bankruptcy,” Tinubu declared. “But we have been able to rescue the economy. Nigeria has recovered. We have made the smuggling of our oil unattractive. We have stopped chasing forex papers at the Central Bank of Nigeria.”
Despite Nigeria’s still-low per capita income, Tinubu assured the diaspora that government policies aim to promote inclusive growth and sustainable economic development. He encouraged Nigerians abroad to remain diligent and assured them of government support.
The meeting, organized by Nigerians in Diaspora Commission Chair Abike Dabiri-Erewa, followed a prior engagement with Saint Lucia’s Prime Minister. Dabiri-Erewa praised Nigerians’ positive impact in Saint Lucia and urged continued engagement with Nigeria.
Diaspora members raised concerns about the high annual work permit fee of $2,500 and the lack of a Nigerian diplomatic mission in Saint Lucia. Tinubu confirmed that diplomatic efforts are underway to address these issues.
Medical professional Dr. Olugbemisola Ogunlusi and Nigerian priest Father Festus Iwuagwu expressed gratitude for the President’s visit and the respect it symbolizes.
Tinubu urged the diaspora to maintain a positive image of Nigeria and abide by local laws, drawing on his own experience studying abroad to emphasize perseverance and consistency. The community honored him with a custom portrait.
This event highlights the administration’s commitment to economic recovery and diaspora relations.