Senator Gbenga Ashafa, a former member of Nigeria’s Senate and ex-head of the Federal Housing Authority, has said that the country is gradually recovering economically under President Bola Tinubu.
In an interview with NAN in Lagos during the FS Club’s 45th anniversary and investiture event, Ashafa said Nigeria was no longer in a state of despair. “We have experienced significant hardship, but today we can feel signs of progress,” he said.
Ashafa observed a decline in the number of Nigerians seeking to relocate abroad, attributing it to growing confidence in domestic opportunities. “People are now investing in skills, exploring ways to earn within their communities, and contributing to the economy,” he added.
Calling for public backing for Tinubu’s re-election, he said: “It is only fair to consider the first two years and what has been achieved so far.”
He claimed that the President’s economic reforms had brought stability, a position he said was supported by institutions such as the IMF and World Bank. “They have acknowledged that Nigeria’s economy is stabilising and experiencing growth, especially in the foreign exchange sector,” he noted.
Despite the progress, Ashafa emphasised the need for further improvements in industrial productivity and job creation. “That is the direction the President is taking. We are not at the finish line yet, but we are moving steadily,” he said.
He also commended the administration for its efforts in strengthening education and social intervention programmes.
