The Federal Government says Nigeria's economy is now on a stronger footing following the economic reforms of the President Bola Ahmed Tinubu administration. Minister of Information and National Orientation, Mohammed Idris, said this at a press conference where the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, addressed the state of the economy and listed the government's next steps to make life easier for Nigerians. The minister said reforms, including the removal of fuel subsidy, were necessary to address longstanding economic challenges, strengthen public finances, and redirect resources towards critical national priorities. He stated that three years into the Renewed Hope Agenda, the results are increasingly evident, with the economy on a stronger footing, stability creating greater room for investment and enterprise, and Nigeria moving decisively into a new phase of growth, opportunity, and shared prosperity.
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