The International Monetary Fund (IMF) has commended Nigeria’s ongoing fiscal reforms and urged the country to adopt smarter spending strategies alongside stronger tax systems to sustain economic stability. Davide Furceri, Division Chief, Fiscal Affairs Department at the IMF, made this known during a news conference on the Fiscal Monitor held on Wednesday in Washington D.C.,…
Nigeria’s House of Representatives has pledged stronger legislative action to boost food security and revitalise the agricultural sector amid rising concerns over food shortages and inflation. Speaker Abbas Tajudeen, represented by Deputy Chief Whip Ibrahim Isiaka, said this during a public hearing in Abuja on Monday, organised by the House Committee on Agricultural Production and…
President of Masters Energy Group and former Minister of State for Mines and Steel Development, Dr. Uchechukwu Ogah, has called for pragmatic reforms and sustained policy consistency as crucial drivers of Nigeria’s energy transition and long-term sustainable growth. Ogah made the call at the 2025 NAEC International Energy Conference held in Lagos. The three-day event,…
The Lagos State chapter of the All Progressives Congress (APC) has commended President Bola Tinubu’s reformist economic agenda, saying it has repositioned Nigeria as Africa’s leading investment destination. In a statement on Monday, the party’s spokesperson, Mr. Seye Oladejo, said Tinubu’s policies were restoring global confidence and opening the economy to fresh capital inflows. He…
Gov Chukwuma Soludo of Anambra says that President Bola Tinubu’s reforms are a necessary medicine for an economy that has long been distorted and papered over. Soludo made the assertion during his March Past remarks to mark Nigeria’s 65th Independence Day anniversary as a sovereign state on Wednesday in Awka. He said: ‘I commend President…
The Central Bank of Nigeria (CBN) says it is pursuing economic reforms aimed at refocusing financial system stability and stimulating productivity. The CBN Governor, Olayemi Cardoso, who disclosed this on Tuesday at its fair, holding in Kano, said it’s working hard to deepening financial inclusion and sustaining monetary and price stability. The theme of the…
Vice-President Kashim Shettima has defended Nigeria’s current wave of economic reforms, describing them as “painful but inevitable” steps toward long-term recovery. Delivering the keynote address at the Nigerian Economic Society’s 66th Annual Conference in Abuja, Shettima said Africa must shift from “outdated explanations” of economic growth to a knowledge-based model that drives productivity. “President Tinubu…
President Bola Tinubu has called on Nigeria’s bankers and investors to align with his administration’s reform agenda, warning that innovation, accountability and inclusion are critical to the nation’s economic recovery. Addressing the 18th CIBN Annual Banking and Finance Conference in Abuja through Finance Minister Wale Edun, Tinubu highlighted achievements from recent reforms, including improved debt-to-GDP…
President Bola Tinubu has defended his government’s sweeping economic reforms, insisting they have stabilised Nigeria’s fragile economy and restored confidence among investors and international partners. “The bleeding has stopped. The haemorrhage is gone. The patient is alive,” Tinubu said on Tuesday during a meeting with Oba Ghandi Olaoye, the Soun of Ogbomosoland, at the presidential…
Nigeria’s government has reiterated its commitment to transforming the health sector through reforms designed to cut mortality, ease financial strain on households, and expand access to quality services. Health Minister Professor Muhammad Pate delivered the message on Friday in Kano, where he handed over medical equipment and supplies to Gidauniyar Alheri Community Health Centre. Represented…
