The Minister of Works, Senator David Umahi, has stated that President Bola Ahmed Tinubu’s economic reform policies are beginning to yield significant results.
According to him, the bold decisions on subsidy removal and naira flotation are revamping Nigeria’s economy in a sustainable direction.
Senator Umahi made the remarks on Tuesday, while receiving a delegation of the Renewed Hope Strategic Stakeholders’ at the Ministry’s headquarters in Abuja.
Akelicious reports that Umai while speaking during the interactive Session observed that President Tinubu’s administration inherited a challenging economic environment but has remained courageous and consistent in implementing transformative fiscal policies.
The Minister noted that contrary to initial concerns, the nation is already witnessing positive signs of recovery. He highlighted the drop in food inflation as one of the emerging benefits of the ongoing reforms.
In line with President Tinubu’s emphasis on economic sovereignty, Senator Umahi reiterated the administration’s commitment to promoting local content across sectors, especially in infrastructure development.
He said local engineers, contractors, and manufacturers are now being prioritized to ensure that wealth and jobs are retained within the country.
Speaking in the same vein, the Minister of State for Works, the Minister of State for Works Mohammed Goronyo, thanked the Chairmen for their proposed partnership noting that the ministry remains ban working one, whose Impact is being felt across the country.
The National Chairman of the All Progressives Congress (APC), Dr. Abdullahi Umar Ganduje, who was represented at the event by Alphonsus Egba Secretary, Forum of State APC Chairmen forum, commended Umahi, for his unwavering commitment to President Tinubu’s Renewed Hope Agenda, particularly in the area of infrastructure development.
He noted that the ongoing reforms across various sectors are a clear demonstration of the APC-led government’s resolve to reposition the Nigerian economy and restore public confidence in governance.
