The Federal Government has expressed appreciation to Nigerians for their resilience amid the challenging effects of recent economic reforms, assuring that these changes are now yielding positive results.

Speaking at an interactive session with the Senate Committee on Finance, led by Senator Sani Musa (APC, Niger East), Finance Minister and Coordinating Minister of the Economy Wale Edun acknowledged the sacrifices made by Nigerians. He noted that the “teething problems” from reforms are easing as indicators of economic improvement begin to emerge.

Edun stated, “The two critical reforms—market-based pricing for Premium Motor Spirit (PMS) and foreign exchange adjustments—are now at the stage of delivering results. These pillars of reform strengthen our economy by enhancing fiscal viability and laying a solid foundation for growth.”

“These reforms,” he continued, “will generate additional government revenue, support the recovery of NNPCL’s finances, and foster economic growth through increased investment and job creation. We commend Nigerians for enduring to this point where benefits are beginning to materialize.”

In his opening remarks, Senator Musa described the session as a fact-finding discussion on the impact of various reforms, saying, “Today, we gather to examine the implications of selling crude oil to domestic refineries in Naira and its effect on the medium-term expenditure framework for 2024-2026, as well as projections for 2025-2027.”

He added, “We will also address revenue shortfalls, focusing on foreign and domestic excess crude accounts, signature bonus accounts, and the NNPCL cash call account. This meeting reaffirms our commitment to transparency, accountability, and responsible resource management.”

Musa expressed confidence in the collaboration of the Finance Ministry, Office of the Accountant General, Central Bank of Nigeria, Revenue Mobilization and Fiscal Commission, and other key stakeholders to find solutions and uphold due process for the benefit of the economy and the Nigerian people.

The session was attended by Finance Minister Wale Edun, NNPCL Group Chief Executive Officer Mele Kyari, NUPRC Director General Gbenga Komolafe, and representatives from the Central Bank of Nigeria. Later, Senate President Godswill Akpabio joined the meeting behind closed doors.

Source: https://vanguardngr.com/Hardship-FG-acknowledges-Nigerians-endurance-says-economic-reforms-bearing-fruit

Mumu fg

Toh

We are waiting for the naysayers to come and read this news.

Finance Minister and Coordinating Minister of the Economy Wale Edun acknowledged the sacrifices made by Nigerians. He noted that the “teething problems” from reforms are easing as indicators of economic improvement begin to emerge.

Economic improvement that only favors the government and not the masses 😔

What are nigerians going to benefit in this hyoer inflation that tinubu is calling a reform?

The government is doing well.

I believe strongly that things will stabilize and the hardship will ease out.

Acknowledge indeed..... It is now clear that it was BAT that sponsoring those protest back then that things are even manageable.... Things are hard now, no single meaningful successful protest.... No wonder he said" if u like protest from now till next year,he won't reverse subsidy"

odejimioflagos:
The government is doing well.

I believe strongly that things will stabilize and the hardship will ease out.

when 40% don go abi

..parapoism & tribalism don't bear fruits..empty headed incompetent maladministration..

..hellanuis. hsve you started bearing fruits..?

Economic policies bearing fruits? Why does this people like playing with the sensibility of the beleaguered citizens? Bunch of irredeemable idiots unfortunately ruling a complex nation.

Our Second name is Endurance

GOFRONT:
Our Second name is Endurance

Correct......

That's how these clowns claimed that inflation rate was easing up two months ago. They touted the easing as sign their reforms were bearing fruits. Today inflation rate doubled and they've gone quiet.
It's obvious they're just clutching at straws and have no answer to the economic doldrums they've pushed the country into other than offering platitudes and surprise at the docile nature of Nigerians which this man describes as resilience

Hmm...

These guys do not understand what masses oriented reform means.

Masses oriented reforms are aimed to reduce socio-economic burdens on the people and improve thier purchasing power, reduce cost of living and make living standards better.

Such reforms include reduction in PIT, increased access to health services, improved education standards, support for agricultural activities, reduced interest rates for both businesses and individuals, gradual phasing out of a product or service when a new one is to be introduced etc.

Bat is more concerned with creating a deregulated capitalism in Nigeria where he and his cronies can exploit the masses while cornering as much of the commonwealth as possible for themselves.

Good for nothing fg.

These idiots again

odejimioflagos:
The government is doing well.

I believe strongly that things will stabilize and the hardship will ease out.

Maybe when 90% of Nigerians are dead from hunger. This was how y'all hyped Buhari till he almost ran the country to the ground.

E-BOLA Tinubu should just collapse and die

Slowpoke ewedu eating bastards

adenigga:


Source: https://vanguardngr.com/Hardship-FG-acknowledges-Nigerians-endurance-says-economic-reforms-bearing-fruit

Naija youth make we get sence ooooo

we are in a wrong country.

President Bola Tinubu has repeatedly called for patience, expressing optimism that his government’s reforms will yield fruit

On the flip side,please everyone should take care of him or herself, eat healthy,go for exercise, relax when you need to and once in a while take yourself out.

GOD BLESS NIGERIA 🇳🇬
We will get there pretty soon ......

Meanwhile,
Dearest Sane Nairaland members,
Sisi Yewande and Madam Ngo on behalf of All of us at MANNABBQGRlLLS are checking on you.

Times are hard
It is for the best future for us all.
No pain No Gain.
Guide your mental health.
Cut down on excesses and frivolity.
Keep joining us to pray for a better Nigeria 🇳🇬.
Slow and Steady we will get to the nation flowing with milk and honey.
A country of our dreams.
God bless you all.
God bless Nigeria 🇳🇬 🇳🇬 🇳🇬

We Love You all ❤️ 😍 💖


Addendum : Enemies of Nigeria, (No matter the part of the country you came from)
Skip this comment, it ain't for you.
Check the first line to see who it was addressed to.
If you do otherwise and quote to be negative or curse sane people here you will be miserable for life.
#No be curse,
Na FACT.
Thanks and Cheers.

Tinubu and his government are all mad. See as they've reduced Helinues to a foodstuffs stealer!!

As usual... Everyday... we will... We shall...God help me oo

Una Papa

I hope we will not suffer for nothing
I hope FG is also enduring

Nothing concern me but E dey mind


Economy reform are working, incompetent government

FG IS VERY FOÓLISH AND INSENSITIVE

MemphitzDgreat1:

Your darling daddy brought Nigeria to this sorry state.
Ozuor!!!😒😏

Tell that mor0n the truth

We pray it translates to visible alleviations for the masses ASAP!!

LOOL

Funny beings, epitaphs written for the dead counts for nothing.