Home / Advertising / TSG: Nigeria has passed through difficult phase of Tinubu’s economic reforms

TSG: Nigeria has passed through difficult phase of Tinubu’s economic reforms

The Tinubu Support Group (TSG) says Nigeria has passed through the most difficult phase of President Bola Tinubu’s economic reforms, urging citizens not to abandon the gains recorded so far.

In a statement issued to mark the nation’s 66th independence anniversary, Umar Yakasai, director-general of TSG, said the reforms introduced by the administration had laid the foundation for sustainable economic growth and prosperity.

Yakasai said Tinubu’s Independence Day address offered an assessment of the difficult choices made by the administration and the need to sustain the reforms beyond 2027.

‘REFORMS CONFRONTED LONGSTANDING WEAKNESSES’

Yakasai said the reforms had imposed hardship on Nigerians but were necessary to address structural weaknesses that had accumulated over several decades.

He said successive administrations had deferred some of the country’s economic problems, leaving Nigeria reliant on arrangements that had become increasingly difficult and expensive to sustain.

The TSG director-general highlighted indicators referenced in Tinubu’s address, including economic growth of more than four percent, improved foreign exchange stability, rebuilt reserves, increased non-oil exports and reduced oil theft.

He said the administration was also working to reduce production and transportation costs through measures targeting agriculture, infrastructure and other productive sectors.

“President Tinubu has been clear that the emergency treatment is over and that the foundation has been repaired,” he said.

“The task before us now is to build on that foundation and ensure that the benefits of economic stability reach ordinary Nigerians.”

Yakasai acknowledged that Nigerians were still dealing with high food, transport, education and healthcare costs.

He said the administration must respond to those pressures while ensuring that economic reforms translate into better living conditions, productive employment, lower production costs and greater opportunities.

Yakasai said Tinubu’s focus on mechanised agriculture, irrigation, infrastructure, transportation, credit, education financing and social protection showed a shift from economic stabilisation towards broader-based growth.

‘DON’T ABANDON THE GAINS’

Yakasai said reversing the reforms could disrupt the economic stabilisation and investments the administration said it has achieved.

He urged Nigerians to distinguish between the immediate difficulties associated with the reforms and their stated long-term objectives.

“Nigerians must not abandon the gains of these reforms. We have gone through the difficult phase, and the focus now should be on consolidating the foundation that has been laid and ensuring that prosperity becomes more visible in the lives of our people,” he said.

Yakasai said the 2027 elections would provide Nigerians with an opportunity to assess the direction of the country’s economic policies and decide whether to sustain the current trajectory or return to the old regime

He urged young people and businesses to remain engaged with the government’s economic policies, saying the ultimate objective should be productive employment, support for businesses, poverty reduction and improved living standards.

He said TSG would continue engaging Nigerians on the administration’s policies and programmes ahead of the 2027 elections, adding that the debate should focus on economic direction and policies capable of delivering sustainable prosperity.