President Bola Tinubu says his administration will not stop working tirelessly to revamp the nation's economy and create viable opportunities for young people to meaningfully participate in an inclusive, labour-intensive economy where businesses can thrive.

President Tinubu made the declaration at the State House in Marina, Lagos State, on Wednesday, during a town-hall meeting with traditional rulers, chairpersons of Local Governments and Local Council Development Areas (LCDAs) and other political-office holders in the state.

The President said Nigeria, under his Renewed Hope Administration, is undergoing a process of financial re-engineering and appealed to citizens to be patient and supportive of the ongoing reforms which are bound to transform the economy for the better.

Acknowledging the concerns raised at the meeting, the President explained that the complexities of state matters have limited his opportunities to frequently interact with some of his long-time friends and constituents in Lagos.

Reflecting on his tenure as the Executive Governor of Lagos State, President Tinubu recounted the challenges faced and the successes achieved at the time.

The Executive Governor of Lagos State, Babajide Sanwo-Olu, thanked President Tinubu for his leadership and for being the pathfinder of "the modern Lagos State".

In his remarks, Oba Kabiru Adewale Shotobi, the Ayangburen of Ikorodu Kingdom, called for a constitutional amendment that recognizes the role of traditional rulers.