President Bola Tinubu has directed the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, to give Nigerians a detailed account of the Federal Government’s economic reforms since 2023….
President Bola Tinubu has directed the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, to give Nigerians a detailed account of the Federal Government’s economic reforms since 2023.
Tinubu said the administration’s reforms, although difficult, were undertaken to build a stronger economy and improve the country’s long-term prospects.
In a statement, the President said Nigerians deserved to know what the reforms had achieved, what they had cost and the potential economic damage they had prevented.
“You deserve to see the numbers. You deserve to know what has changed and what these reforms mean for you, your family, your business and our country,” Tinubu said.
He said the administration had promised at the beginning of the reform programme that difficult decisions would ultimately serve the interests of Nigerians and future generations.
“When we began this journey of reform in 2023, I promised that the difficult decisions we were making would serve the purpose of building an economy that works better for you and a country that is stronger for our children,” he said.
The President specifically tasked Oyedele with explaining the figures behind the reforms, the choices made by the administration, progress recorded so far and areas where more work remained.
Oyedele is expected to present the government’s Reform Scorecard, which assesses the impact of major economic measures, including the removal of petrol subsidy, foreign exchange reforms and fiscal changes.
The scorecard is also expected to compare the country’s current economic position with what could have happened had the pre-2023 policies remained unchanged.
Tinubu said the exercise was part of the government’s obligation to account to citizens.
“This is your government. This is your country. This is our account to you,” he said.
The President urged Nigerians to follow the presentation, which was scheduled to be streamed live by the State House.
The Reform Scorecard comes amid continuing efforts by the Federal Government to translate macroeconomic reforms into improved living standards, stronger public finances and greater economic stability.
