By Francis Wilfred
The Federal Government has reiterated its unwavering dedication to formulating and implementing sustainable economic and social policies aimed at improving the well-being of all Nigerians.
The Secretary to the Government of the Federation (SGF), Senator George Akume, CON, in a statement signed by the Director, information and public relations, Segun Imohiosen highlighted this during a courtesy visit from the Governing Council of the esteemed Nigeria Economic Society (NES), led by its President, Professor Adeola Adenikinju, in Abuja.
Senator Akume lauded the significant strides made under the leadership of President Bola Ahmed Tinubu in the execution of crucial economic reforms.
“President Bola Ahmed Tinubu brings a wealth of experience to the table, having served with distinction in both the private and public sectors. His unique blend of experience has been instrumental in guiding our nation to its current economic trajectory, a growth rate that even some of the world’s most advanced economies are struggling to match. The President’s decision to remove the fuel subsidy, is a bold move with far-reaching positive consequences for the nation’s economic health, he stated.”
“While such decisive actions may have immediate consequences, the ultimate goal and, more importantly, the eventual outcome, is the benefit it brings to the Nigerian people.” He added.
Speaking earlier in the meeting, Professor Adeola Adenikinju, President of the NES, commended President Bola Ahmed Tinubu’s administration for the courageous economic reforms undertaken over the past two years.
“These reforms have been comprehensive, spanning the fiscal, monetary, and real sectors of our economy,” Professor Adenikinju noted.
While commending the key initiatives such as the petroleum subsidy reforms, the unification of the multiple exchange rate system, fiscal policy and tax reforms, and adjustments to electricity tariffs as significant steps in the right direction, he urged the President to embrace dynamic and economic Professionals to head sensitive economic parastatals for impressive results.
