The Minister of Budget and Economic Planning, Atiku Bagudu, assured Nigerians that despite the hardship in the land, there would be light at the end of the tunnel.
Bagudu made this statement while delivering a speech at the 30th anniversary of the Nigerian Economic Summit in Abuja.
He assured Nigerians of better days ahead as Tinubu government seek to enacts policies aimed at revamping the nation’s economy.
According to the minister, Nigeria’s external trade balance improved slightly in Q2 of 2024 which shows the efficacy of the reforms of the current administration.
In his words,”Our GDP has been enhanced from 2.98 per cent growth in first quarter of 2024 budget to 3.19% in quarter two of 2024, inflation is trending downwards while external reserves are improving.
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“Those are significant pieces of evidence that reforms and investments are working. These governance and institutional reforms have helped to improve our macro-economic performance.
“We seek cooperation and understanding of the broad spectrum of the citizenry as there is indeed light at the end of the tunnel.”
Bagudu expressed confidence at the state of the nation’s economy, explaining that it is facing the right direction with decline in inflation among other economic indices.
“What has been achieved is a result of boldness, resilience and collaboration. We need more to compensate for the decades of under-investment and to ensure that we deliver a collaborative, competitive and stable environment,” he added.
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