…of Nigerian state governments, warning that increased revenues following recent economic reforms have not translated into proportionate investments in education, healthcare and social protection. The global lender observed that although states had increased spending on essential public services, investments in transpor…
…movement's community outreach and voter engagement. Pondi described President Tinubu's economic reforms as significant steps towards national development, expressing confidence that the administration's policies would deliver long-term benefits despite current economic challenges.Ogun State Governor, Prince Dapo Abiodu…
…ongoing public discussions concerning the severe cost of living crisis, inflation, and economic reforms under the current administration. While acknowledging public concerns regarding economic pressures, Olayinka questioned the absolute framing of the hardship narrative by younger demographics, pointing out visible ind…
…businesses to grow. He credited the stability of the naira under President Bola Tinubu’s economic reforms with helping operators in the telecom and computer industry, which depends heavily on imported products. He said a steadier currency would ease foreign exchange pressure and help dealers plan better. He then urged…
Nigerian entrepreneur and investment banker, Atedo Peterside, says the economic reforms embarked upon by the Tinubu administration are making the rich richer while the poor are getting poorer. Peterside stated this during an interview on Arise News on Monday night November 2, where he spoke on the state of the economy…
…confidence in President Bola Tinubu, attributing his support for the President to the economic reforms introduced by his administration. Speaking at a meeting with supporters, the governor said the reforms were beginning to yield results, particularly in the prices of commodities and the foreign exchange market.Make PU…
…the Federal Government to pay greater attention to Nigerians’ concerns about ongoing economic reforms, insisting that public confidence must be built through transparent communication, credible evidence of progress and responsiveness to citizens’ experiences. Shettima made the call on Thursday at The Duke’s Masterclass…
…his support for President Bola Ahmed Tinubu's re-election, describing the President's economic reforms as important steps towards Nigeria's long-term development. Imo State Governor, Senator Hope Uzodimma, commended Tompolo for the initiative and pledged to work closely with the movement in advancing President Tinubu's…
…amount workers should earn amid the effects of the removal of petrol subsidy and other economic reforms on transportation, food and household expenses. Organised labour had initially demanded a substantially higher minimum wage, while the government and employers raised concerns about the ability of employers, particul…
The Chairman of BUA Group, Abdul Samad Rabiu, has credited President Bola Tinubu’s economic reforms with improving investor confidence, but said Nigeria must urgently expand its industrial base to translate the changes into jobs, production and better living standards. Rabiu said Nigeria needed at least 100 more indige…
…sugarcane cultivation, sugar refining, ethanol production and electricity generation. On economic reforms, he acknowledged that the removal of petrol subsidy, foreign exchange liberalisation and other government policies had imposed significant costs on households and businesses. However, he maintained that improvement…
…debates among stakeholders over the performance of Nigeria’s three-and-a-half-year-old economic reforms, the Nigerian Economic Summit Group (NESG) has declared that the reforms have so far delivered a mixed bag of outcomes, with negative gaps far outweighing the positives. Welcoming an array of Nigerian business elites…
…solid minerals sector. He, however, noted that despite the gains of his administration’s economic reforms, the task remains far from finished, even as young Nigerians have demonstrated their capacity to compete globally in technology, financial services and the creative industries. Consolidate, stabilise, Amina Mohamme…
…has criticised proposals to restore petrol subsidy in Nigeria, warning against reversing economic reforms introduced by President Bola Tinubu. Shettima, who also represented Tinubu at the 32nd Nigerian Economic Summit in Abuja on Monday, questioned the economic judgment of a leading presidential aspirant advocating the…
…purchasing power and the implementation of wage-related agreements following recent economic reforms. Nigeria’s minimum wage was raised from N30,000 to N70,000 under the National Minimum Wage Act, 2024, after negotiations between the Federal Government, organised labour and other stakeholders. However, the unions’ late…
…Summit 2026 in London, United Kingdom. He said the naira lost its value overnight due to economic reforms undertaken by the Tinubu administration in 2023. The statesman argued, “We do not live in isolation as a country. We interact with the rest of the world. And overnight, you devalue the currency by 300 per cent. The…
…relevant government institutions to ensure that the benefits of President Bola Tinubu’s economic reforms translate into better living conditions for Nigerians.Make PUNCH part of your everyday experience.Add us to your Preferred Sources He said the success of economic policies should be measured by their impact on peopl…
…that many Nigerians are yet to feel the benefits of the Federal Government’s economic reforms. He said the impact of macroeconomic stability must be reflected in household living conditions. Oyedele stated this on Wednesday while speaking at Chatham House in London, where he defended the removal of the petrol subsidy a…
…purchasing power and the implementation of wage-related agreements following recent economic reforms. Nigeria’s minimum wage was increased from ₦30,000 to ₦70,000 under the National Minimum Wage Act, 2024, following negotiations involving the Federal Government, organised labour and other stakeholders. The unions’ rene…
…policy interventions, including foreign exchange market adjustments and structural economic reforms aimed at stimulating non-oil production, the focus has shifted toward restoring price stability and stabilising the local currency. The latest October 2026 World Economic Outlook update by the International Monetary Fund…
…organised labour as they seek to reconcile workers’ welfare with public finances amid economic reforms and rising expectations ahead of the 2027 general elections. Ajaero said the government must address the declining purchasing power of workers rather than wait for organised labour to embark on industrial action befor…
…opposition figures and other political actors questioning aspects of the government’s economic reforms. In a related development, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, warned earlier this month that restoring petrol subsidy could push the pump price to at least N2,000 per litr…
…Fiscal Sustainability, Insecurity and Governance Challenges in Nigeria’, Seghosime said economic reforms would only be successful when Nigerians felt their impact in their homes and businesses. Represented by the First Deputy Vice President of ICAN, Dr Oye Akinsulire, she said Nigeria had reached a critical point where…
…said, just as the Federal Government (FG) said it has intensified efforts to translate economic reforms into faster growth, job creation and improved living standards. Banga spoke on Monday during a meeting with the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, and the Governor of the…
…According to the minister, the decisions reflect growing confidence in the country’s economic reform trajectory. Oyedele said that the positive outlook validated reforms implemented under President Bola Tinubu, including fuel subsidy removal, exchange rate unification and tax reforms. He said that its medium-term ambit…