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Idris: Tinubu鈥檚 Reforms Initially Triggered Hardship, Now Yielding Measurable Outcomes

鈥ays renewed hope agenda laying groundwork for nation鈥檚 economic rebirth聽

鈥no: Nigeria鈥檚 economic problems not president鈥檚 creation

Deji Elumoye and Olawale Ajimotokan in Abuja

Minister of Information and National Orientation, Mohammed Idris, yesterday, said though President Bola Tinubu鈥檚 reforms initially triggered hardship, they had started yielding measurable outcomes.

Idris insisted that the Renewed Hope Agenda, Tinubu鈥檚 signature programme, was laying the foundation for Nigeria鈥檚 economic renaissance through bold reforms, strategic investments, and inclusive policy innovations.

This was as the Akwa Ibom State Governor Umo Eno, hassaid Nigeria鈥檚 economic problems predated the administration of Tinubu, stressing that the president deserved national support to steer the country through the difficult times.

Speaking at the 2025 Nigeria Public Relations Week in Uyo, the Akwa Ibom State capital, Idris stated that the Tinubu administration policy direction had repositioned Nigeria for significant economic reforms, which were yielding visible results across critical sectors.

鈥淧ermit me to posit, with every iota of conviction, that the Renewed Hope Agenda is steadfastly paving the way for Nigeria鈥檚 economic renaissance,鈥 Idris declared.

He urged public relations professionals to match the moment by strategically deploying persuasive, values-driven and inclusive communication mechanisms in galvanising the population, home and abroad, to participate in the reawakening of an economic giant.

Idris explained that the economic reset began on the first day of the inauguration of the Tinubu administration, with the removal of the fuel subsidy and the unification of the exchange rates, describing the move as the bedrock of the nation鈥檚 economic transition or renaissance.

He stated that although the reforms initially triggered hardship, they had started to yield measurable outcomes through improved exchange rate stability, increased state revenues, revived local oil refining, and a strengthened fiscal position.

Ahead of the second anniversary of the administration, the minister said Nigerians were now witnessing a period of unprecedented investment in infrastructure, agriculture, security, and human capital.

He highlighted the landmark developments to include: N2.5 trillion being invested in road infrastructure in 2025, the highest in the country鈥檚 history; creation of new ministries for regional development and livestock, to accelerate regional economic growth and unlock billions in agricultural opportunities; and the launch of Nigerian Education Loan Fund (NELFund), which had already benefitted over 300,000 Nigerian students in tuition and upkeep support.

Others, Idris said, were earmarking of N200 billion for economic assistance to nano businesses, outfits typically owned and operated by one or two persons, and are significantly smaller than micro businesses, and large manufacturers; direct investment of over $450 million in Compressed Natural Gas (CNG) infrastructure under the Presidential CNG Initiative; establishment of CreditCorp, allowing Nigerians to access credit for housing, healthcare, and other essential needs, among other milestones.

Idris stated, 鈥淭oday, Nigeria is a vast construction site, with over N2.5 trillion worth of road infrastructure projects approved this year alone, the highest ever in Nigeria鈥檚 history.

鈥淭he government is linking cities through signature projects, such as the Lagos-Calabar and Badagry to Sokoto superhighways, and in all parts of the country.

鈥淭here are several other ongoing works as we speak. From the Port Harcourt and Warri refineries that have come back to life, to the approval of N80 billion for the reconstruction of the failed Alau Dam in Borno, to the progress on the construction of the Kano-Kaduna Standard Gauge Railway Line, no part of Nigeria has been left behind in this massive allocation of infrastructure investments under President Tinubu, who has now been described as 鈥楾he Road Master鈥.鈥

He also highlighted other encouraging macroeconomic indicators, underlining the Consumer Price Index (CPI) for April 2025, recently released by the National Bureau of Statistics, which indicated that headline inflation rate for April stood at 23.71 per cent, representing a decrease of 0.52 per cent from the 24.23 per cent recorded in March 2025.

The minister said the indicators could only have happened because the president鈥檚 deliberate policy interventions gradually being made manifest, were well-nurtured and paying off.

He urged public relations professionals to take their place as central agents of national renewal by helping in shaping and projecting Nigeria鈥檚 rising economic profile to the world.

鈥淣igeria is on the rise. It has attracted over $50 billion in new foreign direct investment commitments, diaspora remittances are at $21.9 billion, and Nollywood contributed over N730 billion to GDP. These are not just statistics. They are stories waiting to be told effectively, professionally, and patriotically,鈥 he said.

Idris  also reiterated his ministry鈥檚 commitment to strategic and coordinated national messaging through the newly-conceived National Strategic Communication Framework (NSCF).

Eno: Nigeria鈥檚 Economic Problems Not Tinubu鈥檚 Creation, Seeks Support for Him

Akwa Ibom State Governor Umo Eno said Nigeria鈥檚 economic problems preceded the Tinubu administration. Eno said the president deserved national support to steer the country through difficult times.

Speaking to newsmen on Tuesday after meeting with Vice President Kashim Shettima at State House, Abuja,  Eno described Tinubu鈥檚 first two years in office as 鈥渨onderful鈥 and marked by determined efforts to address inherited challenges.

According to him, 鈥淧resident Tinubu didn鈥檛 create the problems we are in right now. For me, I believe he is doing his best, and he should be supported to finish strong.鈥

With his own administration nearing the two-year mark, the governor highlighted achievements across key sectors in Akwa Ibom State, including education, healthcare, road infrastructure, and rural development.

He said, 鈥淲hen you come to Akwa Ibom, you鈥檒l find we are working across the board鈥攆rom schools to hospitals, roads, and markets. We are delivering tangible results.鈥

Eno stated that while the first phase of his administration focused on grassroots development, the next two years would usher in a wave of major infrastructure projects to position the state as an economic and tourist hub.

鈥淲e鈥檙e now moving into super infrastructure. We want to make Akwa Ibom a tourist destination鈥攁nd we are well on our way,鈥 he stressed.

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