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\n

President Bola Tinubu on Thursday said Nigerians have started seeing the positive results of his government\u2019s reforms.<\/p>\n

The claim comes amid economic hardship in the country occasioned by the administration\u2019s removal of fuel subsidy and floating of the naira.<\/p>\n

A statement by Bayo Onanuga, Special Adviser to the President (Information & Strategy), said Tinubu spoke when he received the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva on the sidelines of the G20 Leaders\u2019 Summit in Rio de Janeiro, Brazil.<\/p>\n

Tinubu assured that his administration will continue prioritising the welfare of the poor and most vulnerable, even as the economic reforms bear fruit.<\/p>\n

\u201cWe have started seeing positive results from our reforms, and the Nigerian people now understand the need for them, but we have to reduce the hardship that has resulted from the implementation,\u201d Tinubu said.<\/p>\n

The President, however, acknowledged that the reforms had weakened Nigerians\u2019 purchasing power but said his government will continue to provide social safety nets to cushion the unintended consequences.<\/p>\n

Tinubu also stressed that substantial resources must be invested to stimulate the much-needed infrastructural development in the country.<\/p>\n

He further noted that Nigeria is working on tax reforms to stimulate the economy further.<\/p>\n

\u201cWe have too many children out of school, and we know that education is a way out of hunger and poverty.<\/p>\n

\u201cThat is why we are designing ways and incentives to keep these children in school, and we need your support for these kids who want to stay in school,\u201d Tinubu added.<\/p>\n

Hardship: We\u2019ve started seeing positive results from our reforms \u2013 Tinubu tells IMF<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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