The economic reforms implemented by President Bola Ahmed Tinubu have been praised for being on the right path, despite the temporal difficulties it has caused.
According to the Secretary General of the Hope Ambassadors Net Reforms are necessary for the development of Nigeria and will finally lead to prosperity.
The event, which was organized by the Legacy Beyond Bousters leadership initiative (BBLLI) in collaboration with the Civic Center for Economic Reforms, Politics and Planning, brought together experts and interested parties to discuss the topic “between austerity and prosperity: Nigeria Yesterday, today, today, today, today, Nigeria, today, Nigeria.
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Opialu, who evaluated the economic reforms of President Tinubu, highlighted the past, present and future of the country, noting that Nigeria once was a rich nation but became poor due to poor management and lack of planning.
However, with the renewed agenda of hope of President Tinubu, he said that the country is taking bold measures to introduce reforms and recover from its past mistakes.
Opialu said that the administration of President Tinubu has implemented several key reforms, including the elimination of subsidies in the premium motor spirit, the unification of the exchange rate and a review of the Electricity Law.
These reforms, according to him, have complemented with public sector reforms, a review of solid mineral policies and the introduction of a student loan scheme.
While these reforms have caused short -term pain, such as inflation, a reduction in the available income and a high cost of living, Opialu pointed out that the profits will far exceed long -term pain.
Opialu also highlighted the medium -term effects of policies, which include a reduction in the price of the premium motor spirit, the introduction of the presidential initiative on compressed natural gas and an increase in foreign reserves.
In addition, the reforms have attracted more than $ 30 billion in direct foreign investments and have led to better security and a drastic reduction in the insecurity series.
Opialu concluded that President Tinubu's economic reforms are appropriate and welcome and that the government should do more to educate Nigerians about reforms and their effects. This will help prepare the minds of the masses for the need to make temporary sacrifices for the sake of long -term prosperity.
“The economic reforms of President Bola Ahmed Tinubu are in the right trajectory despite temporary difficulties,” he said. “It is a price that we all have to accept for the Nigeria of our dreams. The most equipped generation to carry this cross is ours and the time to do it is now.
“I feel that the various reforms are appropriate and welcome and that the government should do more through the appropriate agency to educate Nigerians on reforms, their effects, both good and those who are not too tasty, to prepare minds From the masses to the need to fast before celebrating. ”
Tribune online