Nigeria to Ditch Old Ways for New Financial Model Under Tinubu Administration

Nigeria's President Bola Tinubu has stated that his administration is shifting away from the traditional "ways and means" model of generating revenue, aiming for a more sustainable approach. The move aims to improve financial stability.

Nigeria's economy is seeing a significant boost under President Bola Tinubu's administration, with the country generating more revenue than ever before. According to the president, his government is working towards breaking free from the traditional "ways and means" model of financing its operations, in favor of a more modern approach that prioritizes fiscal responsibility. This shift towards financial sustainability marks an important milestone for Nigeria's economic development, as it seeks to diversify its revenue streams and become more resilient to external shocks. By exiting the old model, Tinubu's administration is poised to unlock new opportunities for growth and investment in the country.