Reform gains must translate to better living conditions – Akume

The Federal Government has pledged to consolidate the economic reforms of President Bola Ahmed Tinubu’s administration and ensure that their gains translate into improved living conditions and greater opportunities for Nigerians.

Secretary to the Government of the Federation (SGF), Senator George Akume, made this known on Thursday in Abuja at a World Press Conference organised to commence activities marking Nigeria’s 66th Independence Anniversary.

The anniversary, themed “From Reforms to Stability: Consolidating Nigeria’s Renewed Hope for Shared Prosperity,” seeks to shift attention from economic restructuring to delivering tangible benefits to citizens.

Akume, who chairs the Inter-Ministerial Committee for the Independence Day Anniversary, said the government’s priority was to ensure that reforms produced meaningful improvements in the lives of ordinary Nigerians.

“We must ensure that the gains from reform translate into better opportunities for ordinary Nigerians,” Akume said.

He said the administration’s reforms, including the removal of fuel subsidies and the unification of foreign exchange windows, were designed to restore fiscal balance, strengthen the economy and establish a foundation for sustainable growth.

According to him, the Federal Government is mobilising additional revenue, improving public finances and attracting investment while prioritising infrastructure, agriculture, education, healthcare and social protection.

Akume identified investments in roads, railways, airports, seaports, electricity and digital connectivity as key to reducing business costs, connecting farmers to markets and supporting private-sector growth.

He also emphasised the need to protect vulnerable Nigerians, saying, “The guiding principle is that while we reform our economy, we must protect those who are already struggling. No one in poverty should be forgotten.”

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Minister of Information and National Orientation, Mohammed Idris, said Nigeria was moving from the difficult phase of reforms and stabilisation towards growth, production and shared prosperity.

Idris said the country’s real Gross Domestic Product grew by 4.43 per cent in the second quarter of 2026, compared with 4.23 per cent in the corresponding period of 2025.

He also cited improved foreign reserves, expanded domestic refining capacity and Nigeria’s delisting from the Financial Action Task Force Grey List.

“Those decisions were difficult, and Nigerians have borne real costs. Today, however, Nigeria is moving from the difficult work of reform and stabilisation towards a new phase of growth, production and shared prosperity,” Idris said.

Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, said the reforms required deliberate policy choices to build a larger and more inclusive economy.

Meanwhile, Agriculture Minister Abubakar Kyari said improved access to previously insecure farmlands and government support for farmers were contributing to increased agricultural production.

The anniversary activities include a Juma’at service today, a church service on September 27, a public lecture on September 30 and President Tinubu’s nationwide broadcast on October 1, 2026.


Credit to our Media Partner DailyTrust .

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