Abuja: Minister of Information and National Orientation, Alhaji Mohammed Idris, has announced that Nigeria's economy is earning positive recognition from global rating agencies, indicating a growing confidence in the country's economic trajectory. This announcement followed a meeting with the Governor of Imo and Chairman of Progressive Governors' Forum, Hope Uzodimma.
According to News Agency of Nigeria, the minister emphasized that the Renewed Hope Agenda under President Bola Tinubu's administration is producing tangible outcomes. Idris highlighted the optimism among Nigerians as the country's economic direction continues to receive encouraging reports. He pointed out that international rating agencies have improved their outlook on Nigeria's economy, attributing it to the steady progress in economic reforms and policy implementation.
Idris acknowledged that while the journey is ongoing, the progress made is evident. He asserted that the government has set a clear economic direction and is on track to meet its targets. The minister expressed his belief that by the end of Tinubu's first term, the benefits of the administration's reforms will be more apparent to Nigerians. He noted that the results at midterm are promising and that continued policy implementation will lead to significant improvements by the end of the first four years.
The minister also discussed the challenges and gradual acceptance of reforms by Nigerians. He explained that structural changes often come with initial challenges, but Nigerians are beginning to understand and support the policies. Idris highlighted the stability of the economy, moving towards the $1 trillion mark promised by the president, and the progress in food sufficiency and tackling insecurity.
Furthermore, Idris mentioned that both federal and state governments are experiencing increased resource availability due to ongoing reforms, allowing them to meet obligations and deliver on promises. He described his meeting with Uzodimma as part of regular consultations to align federal and state efforts, discuss communication strategies, and share updates on governance.
The minister concluded by emphasizing the importance of keeping Nigerians informed about government activities, clarifying that his role is to ensure citizens understand the efforts being made on their behalf.