Tinubu's Reforms Yield Economic Growth and Price Stability

The federal government of Nigeria has reported that the economic reforms initiated by President Bola Tinubu have resulted in a reasonable degree of price stability and economic growth. This statement was made by Sola Enikanolaiye, the Minister of State for Foreign Affairs, during a sensitisation workshop on the ECOWAS Trade Liberalisation Scheme held in Bauchi State.

The workshop aimed to enhance intra-regional trade and was organized by the ECOWAS National Unit of the Ministry of Foreign Affairs in collaboration with the Bauchi State Government. Enikanolaiye emphasized the importance of aligning foreign policy with the needs of the Nigerian populace, particularly in creating economic opportunities.

He acknowledged that while inflation remains high, it is on a declining trend, and other economic indicators show improvement. Bauchi State Governor Bala Mohammed expressed the state government's commitment to supporting local investments and expanding business opportunities, aligning with the goals of the ECOWAS Trade Liberalisation Scheme.