Minister Defends Tinubu's Economic Reforms Amid Hardships
Imaan Sulaiman-Ibrahim, the Minister of Women Affairs and Social Development, stated that President Bola Tinubu confronted the economic challenges he inherited upon taking office on May 29, 2023, rather than passing them to future generations. During a national press conference in Abuja, she highlighted the petrol subsidy as a significant issue draining resources meant for essential services like schools and hospitals.
Sulaiman-Ibrahim defended Tinubu's economic reforms, asserting they were necessary and courageous, beginning to yield positive results despite the hardships faced by Nigerians. She acknowledged the sacrifices made by families but expressed confidence that the reforms would lead to stronger external reserves, reduced inflation, and renewed investor confidence.
The minister mentioned initiatives such as the Nigerian Education Loan Fund (NELFUND) and new tax laws aimed at protecting low-income earners and small businesses. The press conference was organized ahead of the launch of a book titled "The Courage to Reform: Architecture of President Bola Ahmed Tinubu, GCFR.
Beyond 2027.".
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