President Bola Tinubu on Friday in Ibadan, Oyo State, declared that Nigeria’s economy has “turned the corner for good,” crediting recent reforms implemented by his administration.
Speaking at the coronation of his long-time ally and friend, Imperial Majesty Oba (Sen.) Abdul-Rashidi Adewolu Akanmu Ladoja, as the 44th Olubadan of Ibadanland, Tinubu assured Nigerians that the impact of the reforms would soon be felt across the country.
“Today, I am honoured to bring the cheering news that our economy has turned around and there is now light at the end of the tunnel,” the President said, thanking citizens for their patience, support, and sacrifices.
He described the new Olubadan as a pillar of democracy, recalling his resilience after surviving an impeachment attempt as governor of Oyo State. Tinubu also offered prayers for his reign: “I pray that you will live long and be celebrated as one of the rare leaders in history to ascend the throne of your forefathers.”
Governor Seyi Makinde presented the staff of office and certificate to the new Olubadan, describing the coronation as the resolution of long-standing disputes within the traditional institution.
“All challenges associated with the Ibadan traditional institution are now over and put behind us. This means the process is now sacrosanct,” Makinde said.
In his acceptance speech, Oba Ladoja said his ascension to the throne was an act of destiny, acknowledging the support of kingmakers and Governor Makinde’s ratification of his selection. He also thanked Tinubu for personally attending the ceremony.
“It is not by power, influence, connection, or money that we are here today,” the monarch said. “I appreciate God for taking me to the finishing line from the starting point as Mogaji of the Arusa family in 1992 till date.”
Dignitaries at the event included Governors Lucky Aiyedatiwa of Ondo, Biodun Oyebanji of Ekiti, and Ademola Adeleke of Osun, as well as former governors Donald Duke, Olagunsoye Oyinlola, Rabiu Musa Kwankwaso, Ibikunle Amosun, and Gbenga Daniel.
Also in attendance were Minister of Power Adebayo Adelabu, FIRS Chairman Zacch Adedeji, Sultan of Sokoto Sa’ad Abubakar III, the Alaafin of Oyo, Oba Abimbola Owoade, and the Soun of Ogbomoso, Oba Ghandi Olaoye.