British High Commissioner Lauds Tinubu's Economic Reforms

On Tuesday, Richard Montgomery, the outgoing British High Commissioner to Nigeria, commended President Bola Ahmed Tinubu's economic reforms, stating they would position Nigeria favorably in the long term. Speaking during a farewell visit to the Nigeria Revenue Service (NRS) in Abuja, Montgomery acknowledged that while these reforms might inflict short-term hardships on the populace, they are essential for revitalizing the economy.

He highlighted the significant contributions of key figures in Nigeria's economic management, including Yemi Cadoso at the Central Bank of Nigeria (CBN), Wale Edun at the Ministry of Finance, and Zacch Adedeji, the chairman of the NRS. Montgomery expressed admiration for the technical and political acumen displayed by the economic management team and emphasized the need for Nigeria to increase its growth rate from four to seven percent in the coming years.

He described the NRS as a vital partner and praised Adedeji for his efforts in fiscal management and tax reform.