By Milcah Tanimu
The Presidency has defended the current economic policies of the federal government, emphasizing that the ongoing hardships experienced by Nigerians are a necessary part of the reform process aimed at achieving long-term benefits.
Temitope Ajayi, the Senior Special Assistant on Media and Publicity to President Bola Tinubu, articulated this position in a statement released on Sunday, titled “Why We Must All Support President Tinubu.” Ajayi asserted that the discomfort and struggles faced by citizens due to the government’s economic reforms are essential for future gains.
Ajayi likened the situation to a surgical procedure, which, although painful, is sometimes necessary for survival and recovery. He drew parallels with the experiences of countries like China, India, and Singapore, which underwent significant economic and social hardships in their paths to development. Ajayi argued that the reforms being implemented are akin to the “pains and gains” concept in economics, where initial discomfort is a precursor to long-term improvement.
He stated, “Just like surgery on the human body, reforms that will usher in sustainable economic growth and development and avert economic disaster come with the initial pains for citizens. They are necessary to avert deadly economic consequences.” Ajayi emphasized that abandoning or deviating from the reform policies due to temporary inconveniences would prevent the realization of their potential benefits.
Ajayi also addressed the necessity of enduring these reforms, citing that short-term solutions have historically failed to provide substantial value. He urged Nigerians to support President Tinubu’s efforts, asserting that the current policies are designed to deliver substantial long-term benefits to the country’s economy.
“The wonder that India, China, and Singapore have become today in terms of development and improved quality of life for their citizens came with pains. India and China, at a time in their history, locked themselves in to create their own model of development. They bore the inconveniences and hardship. They are reaping the benefits today in all spheres,” Ajayi noted, reinforcing the idea that enduring current hardships is part of the broader strategy for Nigeria’s future growth and stability.