The governor of the Central Bank of Nigeria has stated that the reforms implemented by Bola Ahmed Tinubu’s government in the past eighteen months are not easy but are delivering results.
This is according to Cardoso’s excerpts released upon the closure of the 2025 IMF/World Bank Spring Meetings in Washington, D.C., in the US.
He explained that Nigeria’s delegation attended the meetings to showcase economic reforms under Bola Tinubu’s administration.
“Thanks to the steps taken over the past 18 months, we have strengthened our monetary buffers and positioned Nigeria to better withstand external shocks,” Cardoso said.
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“To all Nigerians: these reforms are not easy, but they are delivering results.
“We have moved from a position of vulnerability towards one of growing strength, and our economic trajectory is beginning to turn positive”, he added
Meanwhile, his statement comes following the economic backdrop Nigeria is experiencing coupled with rising inflation, hardship, incessant kidnapping which Tinubu’s government has subjected Nigerians to due to his failed policies and reforms.
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