Governor Uba Sani of Kaduna State has praised President Bola Ahmed Tinubu for implementing economic reforms that have significantly stabilized Nigeria’s economy and restored investor confidence. Speaking during a recent interview, Governor Sani highlighted key policy measures that have contributed to the nation’s economic recovery.
A pivotal moment in the reform process, according to Governor Sani, was President Tinubu’s decisive action to clear a $7 billion foreign exchange backlog. This move addressed longstanding issues in the foreign exchange market, reassuring international investors of Nigeria’s commitment to financial transparency and stability. “When you look at the time he came in, a lot of investors globally didn’t want to come to Nigeria to invest,” Governor Sani remarked. “But some of the reforms he initiated have really opened opportunities, not only for Nigerian businessmen but also for other people who want to invest in Nigeria from across the world.”
The governor also noted that the reforms have led to improved macroeconomic indicators, including a reduction in inflation rates and increased foreign direct investment. These developments are seen as indicators of a more favorable business environment in Nigeria.
Furthermore, Governor Sani emphasized the importance of continued policy consistency to maintain the momentum of economic growth. He expressed optimism that the ongoing reforms would lead to sustainable development and improved living standards for Nigerians.
As Nigeria continues to navigate the complexities of economic transformation, the support from regional leaders like Governor Uba Sani underscores the collaborative efforts required to achieve long-term stability and prosperity.
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