President Bola Ahmed Tinubu has told a delegation from the World Bank that Nigeria’s ongoing economic reforms will continue without retreat, reaffirming the government’s commitment to its current policy trajectory.
The assurance came during a briefing with officials including the World Bank Managing Director of Operations, Ms Anna Bjerde, and senior Nigerian economic officials at the State House.
Tinubu’s administration has implemented a series of economic reforms intended to stabilise the economy and strengthen fiscal sustainability. These include measures targeting exchange rate unification, inflation control and broader structural adjustments.
The meeting with the World Bank delegation was part of ongoing engagement between the Nigerian government and international development partners on policy implementation and economic support frameworks.
During discussions, President Tinubu said the government has committed to its reform path and will not reverse course, stating that the reform agenda is aligned with long‑term growth objectives and structural transformation.
He described the reforms as necessary to harness Nigeria’s economic potential, particularly its large population and agricultural capacity.
Tinubu acknowledged that some reform measures had been challenging, noting that early impacts such as inflation fluctuations are part of transition dynamics.
He emphasised that maintaining a stable policy path, coupled with transparency and accountability, is essential for building investor confidence and achieving sustainable outcomes.
The President highlighted areas of focus, including mechanisation in agriculture and expanded industrial capacity, as part of efforts to drive value creation and job opportunities.
He reiterated the importance of partnerships with development institutions like the World Bank to support financing models, skills development and policy alignment.
In response, Ms Anna Bjerde commended Nigeria’s approach to reforms, noting that the World Bank recognises the consistency of policy communication and its positive reception among stakeholders.
She said the Bank aligns parts of its Country Partnership Framework with Nigeria’s growth vision, emphasising areas such as job creation, infrastructure gaps and value‑chain development.
President Tinubu said: “Since we have gone into this tunnel of reform, we have our hands on the power, and we’re never going to look back.” He also said transparency, accountability and change are integral to business orientation and reform continuity.
World Bank Managing Director of Operations Anna Bjerde said: “You’ve been very steady, and it has been very noted, and from time to time, quoted by me as well … this resolve, even amid challenges, has delivered strong results.”
Tinubu’s statement to the World Bank underscores Nigeria’s ongoing effort to maintain economic policy stability.
The reaffirmation of the reform agenda to an international development institution may influence both investor perceptions and further engagement with multilateral partners.
Analysts note that sustained communication of policy direction can contribute to long‑term confidence among private sector actors and external stakeholders.
President Tinubu has affirmed to the World Bank delegation that Nigeria’s reform programme will continue without retreat, reflecting the government’s position on maintaining its current economic policy course.
The World Bank’s acknowledgment of the reform trajectory highlights continuing international engagement on the nation’s development strategy.
