Independence Day: Nigeria moving from economic stabilisation to growth — Yilwatda

National Chairman of the All Progressives Congress, APC, Nentawe Yilwatda has said Nigeria is moving towards becoming a stronger and much prosperous federation contempt the economical challenges facing citizens.

Yilwatda stated this successful an Independence Day connection signed by his Special Adviser connected Media and Information Strategy, Abimbola Tooki, arsenic Nigeria marked its 66th Independence anniversary.

He said the medication of President Bola Tinubu inherited a hard economical concern and had introduced reforms aimed astatine addressing longstanding structural challenges.

Yilwatda cited the removal of the petrol subsidy, overseas speech reforms, efforts to amended home gross mobilisation, and monetary and fiscal measures arsenic immoderate of the steps taken by the administration.

He acknowledged that the reforms had created important short-term difficulties for Nigerians but said determination were signs of macroeconomic stabilisation.

According to him, World Bank figures showed that Nigeria’s existent Gross Domestic Product grew by 4.2 per cent successful the archetypal fractional of 2026, portion gross overseas reserves stood astatine $51.9 cardinal astatine the extremity of July.

He besides pointed to developments successful the vigor sector, integer economy, concern and societal extortion arsenic indications of a question from economical stabilisation towards structural transformation.

Yilwatda ...