Onanuga said the vacation will also double as retreat, allowing the president to reflect on his administration’s ongoing economic reforms, which have sparked significant debate and public reaction.
The statement read: “President Bola Ahmed Tinubu will depart Abuja today for the United Kingdom to begin a two-week vacation, part of his yearly leave.
“He will use the two weeks as a working vacation and a retreat to reflect on his administration’s economic reforms.
“He will return to the country after the leave expires,” he said.
Since taking office, Tinubu has implemented bold measures aimed at stabilising Nigeria’s economy, including the removal of fuel subsidies and the unification of foreign exchange systems.
These reforms, while necessary to address long-standing economic distortions, have led to rising costs of living and widespread public discontent. Inflation soared to over 33% earlier this year, exacerbating the financial strain on many Nigerians.
Despite these challenges, Tinubu’s administration has emphasized the importance of these reforms for long-term economic stability.
His administration said it has secured substantial funding, including a $2.25 billion investment from the World Bank, aimed at supporting businesses and enhancing revenue generation.
