The Minister of Information and National Orientation, Mohammed Idris, on Thursday, said President Bola Tinubu’s administration made some very difficult decisions that were not politically convenient upon assumption of office.
Idris said Tinubu’s administration chose to confront
longstanding distortions rather than postpone them.
Speaking during a ministerial briefing on Nigeria’s 66th
Independence celebration in Abuja, Idris said the country is moving forward due
to Tinubu’s tough decisions.
According to Idris: “About three years ago, President Bola
Tinubu assumed office amid some very significant and structural challenges, and
physical challenges.
“His administration chose to confront the long-standing
distortions rather than postpone them and those decisions where indeed very
difficult and where not politically convenient. And because of those decisions,
Nigerians have bored some real costs.
“Today, however, Nigeria is moving from the difficult work
of reforms and stabilisation towards a new phase of growth and shared
prosperity.
“Nigeria’s real Gross Domestic Product grew by 4.43 percent
as against the preceding year which was 4.23 percent, our foreign reserve as
risen, our domestic refining capacity has expanded, investment and productive
activity are given momentum.
“Only yesterday, we heard from the governor of the Central
Bank that for the first time in 18 years, the foreign reserve has crossed the
$55 billion mark.”
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