President Bola Tinubu has reassured Nigerians of his commitment to alleviating their pain as his administration embarked on reforms to “navigate our nation back from the path of economic ruin.”

The president made the pledge at the third edition of the Nigeria Employers Summit organised by the Nigeria Employers’ Consultative Association (NECA) on Tuesday in Abuja.

Mr Tinubu, represented by Nkeiruka Onyejeocha, Minister of State for Labour and Employment, said the summit was timely.

Stating that the current challenges were surmountable, Mr Tinubu said the government would do its best to overcome them.

“I want to assure you that this administration is doing all that is necessary to cushion the pains and make life better for all citizens,” said Mr Tinubu.

“With our Renewed Hope eight-point agenda, I want to assure you of our continuous commitment to rebuilding our nation and reclaiming its pride of place, not only in Africa but also in the world,” he added.

Mr Tinubu also pledged to strengthen the Organised Private Sector (OPS) and rebuild the country’s economy.

According to him, government, since its inception, has rolled out several reforms aimed at rebuilding the economy and impacting organised businesses.

“It is without a doubt that this administration is committed to strengthening the private sector and rebuilding our economy,” Mr Tinubu said.

Speaking on “Economic Renaissance: Harnessing Government Reforms and Private Sector Agility,” the president said his administration embarked on “necessary” reforms to “navigate our nation back from the path of economic ruin.”

“This administration will continue to do all that is necessary to ensure the sustainability of businesses, attract foreign direct investment and make our nation the pride of Africa as it used to be.

“We will continue with various bold and strategic measures, where necessary, to address the deep-rooted structural deficiencies and systemic challenges that have plagued the economy over the years.

“Despite our country’s complexities and some citizens’ resistance to change, we will remain resolute in our commitment to steering the nation toward stability and prosperity,” he said.

The president commended NECA for its many contributions to promoting enterprise sustainability and competitiveness and, indeed, national growth.

Taiwo Adeniyi, president of NECA, said the summit’s theme aimed to deepen collaboration and create pathways to maximising ongoing government reforms by leveraging the capacity and potential of private sector employers.

(NAN)