President Bola Tinubu has defended his administration’s economic reforms, insisting that the measures are gradually stabilising Nigeria’s economy despite the severe hardship being experienced by many citizens.
Speaking as his administration marked its third anniversary, Tinubu said key reforms introduced since 2023, including the removal of fuel subsidy, electricity subsidy adjustments, and foreign exchange reforms, were necessary to prevent economic collapse and restore investor confidence.
According to the President, the reforms have strengthened public finances, improved market confidence, attracted fresh investments, and supported infrastructure development across the country.
Tinubu noted that over 2,700 kilometres of roads are currently under construction or rehabilitation, while rail infrastructure is also receiving renewed attention.
The President acknowledged the pain caused by rising living costs but maintained that the country was beginning to witness signs of economic recovery.
His remarks come amid growing public debate over inflation, food prices, energy costs, and the overall impact of the reforms on ordinary Nigerians.
While supporters argue that the policies are laying the foundation for long-term growth, critics insist that many families have yet to feel the benefits.
As political activities ahead of the 2027 general elections gradually gather momentum, economic performance is expected to remain one of the key issues shaping public discourse nationwide.
