President Bola Tinubu has reaffirmed his administration’s unwavering commitment to prioritizing social investment programs to support Nigeria’s most vulnerable populations, even as the country undergoes significant economic reforms. Speaking at a meeting on the sidelines of the G20 Leaders' Summit, President Tinubu emphasized the need for continued welfare support to mitigate the negative effects of reform measures on Nigerians’ purchasing power.
Special adviser information and strategies to the president , Bayo Onanuga share this on his X (twitter) on Thursday. President Tinubu acknowledge that the economic reforms had put pressure on citizens, particularly the poor, He assured that social safety nets would remain a key focus of his administration. He called for continued efforts to ease the hardships arising from the reforms, particularly through initiatives that bolster education and infrastructure development.
"We have started seeing positive results from our reforms, and the Nigerian people now understand the need for them, but we must work to reduce the hardships that have resulted," President Tinubu said, stressing that education remains a critical tool in fighting poverty. He highlighted the importance of keeping children in school, especially with Nigeria facing a high number of out-of-school children, and emphasized the need for initiatives that enable children to access education.
On the economic front, the President also mentioned Nigeria’s ongoing tax reforms aimed at stimulating growth without imposing additional burdens on citizens. "We are engaging stakeholders and sensitizing Nigerians to expand the economy's tax base for inclusive developmental growth," he explained, adding that the government would require support to implement these reforms effectively.
President Tinubu emphasized that substantial investment in infrastructure is crucial for long-term economic growth, calling for collective action to unlock Nigeria’s full economic potential. He also reassured Nigerians that the government would continue to prioritize economic policies that will bring sustainable benefits to the country’s citizens.
This meeting underscores the ongoing commitment of the Tinubu administration to ensure that Nigeria’s economic reforms are balanced with a strong focus on social welfare, educational access, and infrastructural development for the betterment of all Nigerians.
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