The Senate Committee Chairman on Banking, Insurance and Other allied Financial Institutions, and also Senator representing Lagos East Senatorial District, Senator Mukhail Adetokunbo Abiru, FCA has extended a warm Christmas greetings to all Christians and Nigerians generally enjoining them to embrace unity, tolerance and peaceful co-existence as the nation celebrates the birth of the Lord Jesus Christ.
In his goodwill message made available to Universal News and signed by his Media Aide, Mr. Enitan Olukotun, Senator Abiru called on Christian faithfuls to live peacefully in love, sacrifice, compassion and tolerance, describing Christmas as a solemn reminder of the power of shared values in strengthening national cohesion and harmony.
He noted that the season presents a renewed opportunity for Nigerians to rise above ethnic, religious and political differences, stressing that peaceful co-existence remains fundamental to nation-building and sustainable national development.
On the state of the economy, Senator Abiru said the economy has turned the corner, highlighting clear signs of recovery and stabilisation under the leadership of President Bola Ahmed Tinubu, GCFR.
Abiru explained further that the Tinubu administration’s bold economic reforms, particularly the removal of fuel subsidies, foreign exchange unification, fiscal discipline and ongoing tax reforms, have begun to yield measurable outcomes.
Said he, “Nigeria’s Gross Domestic Product (GDP) growth has strengthened to above 3.5 per cent, driven largely by improvements in the non-oil sector, especially services, agriculture and tech/digital finance. Foreign exchange market reforms have equally improved significantly with liquidity and transparency, while capital inflows have gradually increased investor confidence”.
Senator Abiru further pointed out that foreign reserves have shown steady recovery, while recent statistics show a decline in food price which was a fallout of improved harvests and targeted interventions in agriculture and allied sectors.
The amiable Senator added that the banking and financial services sector has also remained resilient, with improved capitalization, stronger regulatory oversight and enhanced credit flows to productive sectors of the economy.
Abiru Calls for patience and national solidarity, saying that the reforms were necessary and inevitable as catalyst to correct long-standing structural distortions in order to lay the solid foundation for inclusive and sustainable growth.
He added further,
“I celebrate with my esteemed constituents of Lagos East, Lagos State, and indeed all Nigerians on the commemoration of Christmas.
“I urge Christian faithfuls to embody the Christ-like traits, which emphasise sacrifice, love, nation-building, peaceful co-existence and unity”.
“ I am convinced that the worst is behind us. Key economic indicators now point to recovery, stability and renewed investor confidence. The courageous reforms of President Bola Ahmed Tinubu are repositioning our economy for sustainable growth, job creation and shared prosperity”, he said.
Speaking further, he explained, ” relief is in the pipeline and already in sight, and with collective efforts, patience and unity, Nigeria will emerge stronger.” he assured.
Senator Abiru reaffirmed his commitment to supporting policies and legislation that strengthen the economy, promote financial inclusion and protect the welfare of citizens, especially the most vulnerables.
He wished Christians a joyful Christmas celebration and prayed fervently for peace, progress and prosperity for Nigeria.