Tinubu's Govt Commended For Economic Policy, Plans for Nigeria, “After an Extensive Scrutiny"

Tinubu's Govt Commended For Economic Policy, Plans for Nigeria, “After an Extensive Scrutiny"

  • The Socialist Liberation Movement (SLM) has hailed the economic policies of President Bola Ahmed Tinubu
  • The movement, which is a coalition of 100 civil society organizations said Tinubu has taken steps to restore confidence in the economy by reducing inflation
  • The movement's convener, Dr. Agabi Emmanuel, said common Nigerian citizens are beginning to feel the impact of Tinubu's policies

Legit.ng journalist Adekunle Dada has over 7 years of experience covering metro, government policy, and international events

FCT, Abuja - President Bola Ahmed Tinubu's administration has been commended for its economic policies and plans for Nigeria.

The Socialist Liberation Movement (SLM) said common citizens are beginning to feel the impact of these policies now.

Socialists laud Tinubu administration's economic policy, and plans for Nigeria
The Socialist Liberation Movement said President Bola Tinubu has stabilised the foreign exchange market and improved fiscal management. Photo credit: The Socialist Liberation Movement (SLM)
Source: UGC

The movement's convener, Dr. Agabi Emmanuel, stated this at a press conference on Monday, January 20 in Abuja, which statement was made available to Legit.ng.

Agabi said Tinubu’s administration is making efforts to address the country's economic challenges.

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The movement, which is a coalition of 100 civil society organizations said the removal of fuel subsidies and floating of naira, have shown promise in restoring confidence in Nigeria's economy.

The establishment of the Presidential Economic Coordination Council (PECC) and the Economic Management Team Emergency Taskforce (EET) were singled out for their good intention.

The movement highlighted the upgrading of Nigeria's infrastructure, particularly in roads, railways, and energy projects.

The movement noted that these investments, made through public-private partnerships, are expected to reduce transportation costs and improve market access.

“After an extensive scrutiny of some of the policies introduced by the present administration, It was observed that President Bola Tinubu has taken steps to restore confidence in the economy by reducing inflation, stabilizing the foreign exchange market, and improving fiscal management,”

Agabi hailed Tinubu's initiatives like the Digital Nigeria program which include digital economy expansion, broadband and tech startup growth.

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The movement believes that these efforts will drive innovation, enhance financial inclusion, and create jobs.

The group also hailed Tinubu's government's efforts to transform Nigeria's agricultural sector, prioritizing food security and economic growth.

Initiatives like the Food Security and Agricultural Mechanization Programme and the National Agriculture Growth Scheme-Agro-pocket were also rated highly the movement.

The group said the initiatives have the potential to enhance food production and reduce import reliance.

Agabi said Tinubu and his cabinet members have shown determination to create a better Nigeria including the unborn generation.

The movement, therefore, urged well-meaning Nigerians to lend their support to the administration's efforts, acknowledging the challenges and criticisms while maintaining a constructive dialogue.

Northern group blasts Emir Sanusi For criticing Tinubu's policies

Meanwhile, Legit.ng reported that the Northern Patriotic Coalition for Democracy (NPCD) lambasted the Emir of Kano, Muhammadu Sanusi II.

The group said Emir Sanusi's criticism of President Bola Tinubu's economic policies is devoid of actionable solutions.

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The convener of the group, Mohammed Yahaya, said Emir Sanusi's criticism is more about settling personal scores and furthering partisan goals.

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Source: Legit.ng

Authors:
Adekunle Dada avatar

Adekunle Dada (Politics and Current Affairs Editor) Adekunle Dada is a trained journalist with over 7 years of working experience. He is also a Politics/Current Affairs Editor at Legit.ng. He holds a B.Sc. in Mass Communication From Lagos State University, Ojo. Adekunle previously worked at PM News, The Sun, and Within Nigeria where he expressed his journalistic skills with well-researched articles and features. In 2024, Adekunle obtained a certificate in advanced digital reporting from the Google News Initiative. He can be reached via adekunle.dada@corp.legit.ng.