The Special Adviser to the President on Information and Strategy, Bayo Onanuga, has said the administration of President Bola Tinubu has been confronting Nigeria’s problems headlong.
In a statement in Abuja, Onanuga said the President is working to put Nigeria on a solid economic pedestal.
He was reacting to the accusation by the opposition Peoples Democratic Party, PDP, that the Tinubu-led administration was trying to entrench a one-party state.
“Unlike the PDP’s administration of 16 years, the Tinubu administration has been confronting the problems of our country headlong.
“The administration is moving for an audacious reset that will firmly put our country on a solid economic pedestal.
“The results are already showing. Contrary to the pessimism and wishes of some PDP leaders, the national currency has become the world’s best performing.
“Appreciating by almost 50 per cent against the dollar in a few weeks, the exchange rate is stabilizing as a convergence has been reached between the official and so-called parallel market,” Onanuga said.
He further said the contrived pall of gloom cast over the country had faded out and renewed hope had been on leash.
Onanuga said such was the positive trend the APC economic programme had generated that the International Monetary Fund, IMF, had reviewed upward the growth projection for Nigeria in 2024 from 2.9 per cent to 3.3 per cent.
The presidential spokesman said the Tinubu administration had targeted a higher growth with its plans to embark on audacious infrastructure projects, such as the Badagry-Sokoto Highway and the Lagos-Calabar Coastal Highway.
Tinubu confronting Nigeria’s problem headlong – Onanuga
