Teslim116
a year ago
BREAKING: Tinubu Shuts Door on CBN Borrowing Bold Move to End Inflation, Rescue Naira, and Restore Nigeria’s Economic Stability❤️🇳🇬
President Bola Ahmed Tinubu has officially ended the era of inflationary borrowing from the Central Bank of Nigeria (CBN), popularly known as “Ways and Means.”
This historic decision signals the end of years of reckless overdrafts that fueled inflation, weakened the naira, and undermined investor confidence. Instead, the Tinubu administration is charting a new course anchored on fiscal discipline, transparency, and sustainable growth.
With this reform, government spending will now be backed strictly by genuine revenue and legitimate borrowing — no more backdoor financing. Already, inflationary pressures are easing, giving the CBN the freedom to focus on stabilizing prices and the exchange rate.
Analysts say the move is a game-changer for Nigeria’s macroeconomic future, showing Tinubu’s resolve to replace waste with prudence and restore long-term prosperity.
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