The Worst is Behind Us, President Asserts
Abuja, Nigeria - President Bola Tinubu has stated that Nigeria's economic reforms are yielding positive results and the worst is behind the country. Speaking on the second anniversary of his administration, Tinubu said the reforms aim to stabilize the economy, cut deficits, ease inflation, and attract investments.
According to Tinubu, the economy is stabilizing, with inflation easing and prices of staples like rice declining. The oil and gas sector is also recovering, with a significant increase in rig counts and new investments. The President noted that Nigeria remains on track with its fiscal targets, with a narrowed fiscal deficit and improved revenue generation.
The President highlighted the removal of fuel subsidies, tax reforms, and investment in infrastructure as key components of his administration's economic strategy. He emphasized that these reforms are designed to promote economic growth, reduce dependence on oil, and improve the standard of living for Nigerians.
Despite the challenges faced by the country, Tinubu expressed optimism about the future, saying that the worst is behind Nigeria. He urged citizens to remain hopeful and supportive of the government's efforts to build a stronger, more prosperous nation.
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