Second anniversary: Tinubu declares economic reforms working
President Bola Tinubu, marking his second year in office, said that his administration’s economic reforms, including subsidy removals and foreign exchange unification, are stabilizing Nigeria’s economy and preventing fiscal collapse.
He highlighted improvements such as a reduced fiscal deficit, increased foreign reserves, oil sector recovery, and a rise in tax-to-GDP ratio, alongside social investments in healthcare, education, and infrastructure.
Tinubu emphasized ongoing efforts to enhance national security and food security, and announced Nigeria’s readiness to host the inaugural Motherland Festival to boost cultural and tourism prospects.
The President called for unity and confidence, expressing optimism that the nation’s economic and social challenges are being addressed through disciplined reforms and development initiatives.
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