Tinubu reaffirms commitment to economic stability through transparency, fiscal reform, and public engagement.
He urges strict oversight, digital tools, and citizen action to fight inflation and boost accountability.
President Bola Tinubu has reiterated his administration’s commitment to tackling inflation and ensuring economic stability through sound fiscal governance, transparency, and citizen engagement.
Speaking on Monday during the opening of the National Conference on Fiscal Governance, Transparency, and Accountability in Abuja, Tinubu emphasized the importance of responsible public spending and reforms that support long-term stability. The conference was organized by the Public Accounts Committee of the National Assembly.
Represented by the Minister of State for Finance, Dr. Doris Uzoka-Anite, the president noted that several efforts are underway to improve financial systems across ministries and agencies. These include backing the Office of the Auditor-General, enhancing transparency in procurement processes, and expanding the use of digital financial tools.
“Public funds must be traceable, and officers accountable. Transparency and accountability are not optional; they are essential to Nigeria’s future,” Tinubu said.
He stressed the need to address inflation by tackling structural issues, especially in agriculture and supply chain inefficiencies, while also cutting down on excessive government spending.
“Oversight should not be viewed as a political weapon it is a patriotic responsibility,” the president said, calling on lawmakers to embrace their monitoring roles with sincerity.
Tinubu also appealed to civil society, journalists, and the general public to take part in promoting transparency by holding the government accountable and staying engaged in governance processes.
Also speaking at the event, the British High Commissioner to Nigeria, Richard Montgomery, who was represented by William Robinson, commended Nigeria’s recent economic reforms such as the removal of fuel subsidies and ongoing tax restructuring.
Montgomery reaffirmed the UK’s support for Nigeria’s fiscal reform agenda, but noted that the true measure of progress lies in how well the country ensures transparency, accountability, and public involvement.
He encouraged the adoption of digital technologies and innovation in public financial management to boost efficiency and close gaps in oversight.
