Nigerian officials claim that the economy is beginning to improve due to President Bola Tinubu’s reforms. Minister Atiku Bagudu emphasizes that despite current challenges, the administration’s policies are freeing resources and boosting investments. Aminu Suleiman supports this view, stating that Tinubu’s governance is shaping a better future compared to the previous eight years. Both officials call for patience as they anticipate significant positive changes ahead.
Nigeria’s economic outlook shows signs of improvement, according to Senator Atiku Bagudu. The Minister of Budget and Economic Planning notes that despite challenges, President Bola Tinubu’s “bold reforms” in the last two years are setting up the country for a sustainable recovery. Bagudu contends that economic hardships are temporary, stating, “We’re not where we want to be but these steps have turned the economy in the right direction.”
During a recent visit to Tinubu’s residence in Lagos, both Bagudu and Aminu Suleiman, a member of the newly launched North West Development Commission, called on Nigerians to remain patient. Suleiman noted that Tinubu’s initial two-year performance is proving to be more fruitful than the previous administration’s eight-year term.
Bagudu highlighted key reforms, including the removal of costly subsidies on fuel and foreign exchange. He pointed out that these decisions have significantly freed up resources, enabling subnational governments to nearly triple their funding. “Decades of underinvestment brought Nigeria to a point where even paying salaries was difficult. That’s transformative,” he explained.
The minister believes that the funds now being allocated are directed toward essential sectors, including infrastructure, agriculture, and consumer credit. Additionally, he assured that the administration is not just making promises: “We are seeing real allocations going to security, education, and economic empowerment.” This commitment is generating renewed investor confidence, he added.
"One of the greatest differentiators between developed and developing countries is the level of investment. We are now correcting years of neglect,” Bagudu remarked. He expressed optimism, citing a marked return of private capital into Nigeria, stating that investors are viewing the government as making necessary, albeit tough, decisions.
Continuing with his observations, he remarked about the increasing number of opposition politicians joining the All Progressives Congress, APC, reflecting growing faith in Tinubu’s leadership. “That’s not politics. That’s belief in a future that is being built with courage and vision,” Bagudu asserted. This sentiment is especially relevant as the country celebrates Eid and the second anniversary of Tinubu’s presidency, which, according to Bagudu, marks a period of rising investments despite prevailing challenges.
Aminu Suleiman echoed these views, confidently stating that Tinubu’s leadership is paving the way for long-term change. He emphasized, “Tinubu’s two years is even better than the past government’s eight years. Given the full privilege of a four-year term, I am confident he will transform Nigeria.” Suleiman commended Tinubu’s commitment to include the North West in his developmental plans, recognizing this zone as the largest population center in Northern Nigeria.
Suleiman underscored the importance of trust in the President’s vision and record, particularly in infrastructure and governance established in Lagos. He encouraged all Nigerians to remain patient and hopeful, saying, “Let us be patient. The foundation being laid is solid. With time, we will all see the results.”
In summary, Nigerian officials emphasize that despite current economic hardships, the ongoing reforms under President Tinubu are designed for long-term success. Senator Atiku Bagudu and Aminu Suleiman both express confidence that the removal of subsidies and increased investment will yield positive outcomes. The drive for economic change is not just political rhetoric; it’s framed as a necessity for the nation’s recovery. Both officials urge patience, highlighting a vision of transformation that they believe will ultimately benefit all Nigerians.
Original Source: punchng.com
