By Kayode Sanni-Arewa.

President Bola Tinubu on Friday promised the Yoruba Leaders of Thought that his administration will live up to the expectations of Nigerians, declaring that the country is no longer bleeding.

The President who lamented the state of Local government administration in the country called for a more effective local government system that fosters community development and delivers the essentials of governance within a federal structure.

Speaking when he received a delegation of the Yoruba Leaders of Thought at the State House on Friday, Tinubu emphasized that governance must be transformative and must address the critical needs of the people.

He said the past 12 months have been fulfilling for his administration despite some challenges.

“It has been challenging. It has been fulfilling as well. We took over, and we have stopped the bleeding. I can say categorically now that Nigeria is no longer bleeding. And it will not bleed to death, but rather will now move to prosperity. That is the promise that I made to you all, and it is also the charge that you gave to me.”

He also called for the deepening of governance and the reinforcement of leadership across all levels of government and institutions, adding that his administration is committed to encouraging fiscal federalism and strengthening the system to enhance inclusion and equity for all Nigerians.

“Local government administration is being suffocated. People are looking at the opportunity to ensure that they survive and become more purposeful through community development programmes. What I will not support is any effort to make the local government a unitary system by handing all core responsibilities to the federal government. That is criminal when there is a federal system.

“We have a federal system. There is state and federal administration. We have two components. States must do whatever is in the best interest of their own process of administration. There is no one-size-fits-all. That is what we should do by looking at the revenue formula, and we must be consistent with federalism; fiscal federalism. Those are the things you should expect from me, not the knee-jerk reactions ahead of elections.

While thanking the delegation of eminent Nigerians, President Tinubu urged continuous support for and faith in Nigeria, assuring them that his government would live up to expectations.

“I can tell you that Nigeria is no longer printing paper money and deceiving itself that it has a base for survival. Nigeria went through terrible labour pains, but we have seen the baby coming out alive,” the President concluded.

In his remarks, Honourable Bayo Aina, the National Secretary, who spoke on behalf of Prince Tajudeen Oluyole Olusi, Convener of the Yoruba Leaders of Thought, commended the President for his prioritization of investment in infrastructure across various sectors.

“We salute your timely initiative to upgrade, construct, and modernize the infrastructure of our nation in health, aviation, transportation, as well as the education sector. We commend you for your commitment to providing responsible, responsive, and accountable governance in this country.”