The Nigerian Presidency claims significant progress under President Tinubu’s administration, citing improved security and economic stabilization. Job creation initiatives for youth are in place, and a substantial budget for 2025 aims to enhance infrastructure. International commendation highlights the effectiveness of Tinubu’s economic reforms, despite remaining challenges.
The Nigerian Presidency recently affirmed that the economy is progressing positively under President Bola Tinubu. Bayo Onanuga, the Special Adviser to the President on Information and Strategy, responded to criticisms from the Catholic Bishops’ Conference, who highlighted pressing national issues including unemployment and insecurity. He dismissed their concerns as outdated, stating that significant advancements have been made since President Tinubu took office 22 months ago.
Onanuga emphasized improvements in security, claiming a safer Nigeria compared to 2023, citing over 8,000 criminals taken down and more than 10,000 rescues of abducted citizens, particularly women and children. The improved security has enabled farmers to return to their fields, leading to increased food production and reduced prices for essential commodities.
Moreover, the presidency reported stabilization in the economy, noting an improved trade balance, strengthened foreign reserves, moderated inflation, and a stronger currency. President Tinubu’s administration is credited with enhancing local refining capacity, notably through the Dangote Refinery.
A suite of youth-focused programs has been initiated to generate over 10 million jobs, supporting economic growth and skills development. The government’s revenue collection efforts have increased and funding for infrastructure projects has seen a significant rise, with the 2025 budget set at a record N54.9 trillion.
International recognition, such as praise from Chatham House, underscores the effectiveness of Tinubu’s economic reforms, with the organization indicating Nigeria has become more competitive under his leadership. Although challenges remain, Onanuga expressed confidence in the government’s direction and their commitment to fostering a prosperous future for Nigeria.
In summary, President Bola Tinubu’s administration is asserted to be steering Nigeria towards growth, notably through improved security and economic stabilization. Job creation programs for youth, enhanced infrastructure spending, and recognition from international bodies illustrate the government’s progress despite ongoing challenges. Overall, the administration remains optimistic about the nation’s trajectory under its leadership.
Original Source: nannews.ng
