The Federal Government on Thursday said that the economic policies it embarked upon had started bearing fruitful results in the economy, assuring citizens would soon feel the impact in their lives.
This was as the government appreciated the endurance of Nigerians on the side effects of economic reforms that brought serious hardship to the people.
The Federal Government made this known through the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun in an interactive session with the Senate Committee on Finance at the National Assembly Complex, Abuja.
According to the Minister, the excruciating problems from the reforms are over for Nigerians as positive indicators for better days, are already emerging.
He said: “The two critical reforms on market-based price of Premium Motor Spirit (PMS) and foreign exchange, are now at the stage of results delivery and by extension, the viability of the Nation’s economy through restoration of fiscal viability.
“These two pillars of the economic reforms that have taken positive shape now, portend additional revenue for the government, recovery of the finances of NNPCL and a strong basis for growing the economy, in terms of attracting investment and creating jobs.
“I think we need to commend Nigerians for staying the cause to this stage of getting benefits”, he said.
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