President Tinubu Taking Measures to Address Challenges of Bold Reforms

President Bola Tinubu is already taking measures to address the challenges brought about by the bold reforms introduced by the administration in all sectors of the economy. Mr. Bayo Onanuga, Special Adviser to the President on Information and Strategy, disclosed this in a statement on Saturday in Abuja, adding that more such measures would be taken in 2024.

He said Tinubu had never shied away from acknowledging the temporary pains triggered by the reforms, stressing that proactive measures would continue to be taken. ‘’Many of these measures are already being taken and, in the New Year, we expect the silver linings, that are at present understated, to blossom into rays of sunshine to be experienced by all Nigerians. ‘’The removal of fuel subsidy and the move to merge foreign exchange rates, two headline reforms introduced by the Tinubu administration since late May, caused problems such as high fuel prices and the depreciation of the Naira, two monstrosities which combined to cause a general spike in costs of services and goods,’’ Onanuga said note

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President Tinubu Demonstrates Commitment to Nigeria's Prosperity Through Foreign PolicyMinister of Information and National Orientation, Mohammed Idris has said that President Bola Tinubu has demonstrated his seriousness about charting a sustainable course for Nigeria’s prosperity, using the tool of foreign policy and engagement. Speaking on the gains of President Tinubu’s recent trips to the Middle East and Germany, the minister stated the President seized the occasions to highlight two very important messages, which he has always stressed in his engagements with foreign governments and businesses: the bold economic reform in the areas of petrol subsidy and foreign exchange management and the fact that, under his watch, Nigeria is fully open for business and investment, and will do everything to protect the sanctity of all domestic and foreign investment. Idris said: “These are two of the key planks upon which the lasting social and economic prosperity of Nigeria will be built
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