KEY POINTS
- Presidential aide says Tinubu prioritizes easing Nigerians’ economic pain.
- Despite high inflation, reforms are seen as essential for growth.
- Government remains committed to its economic recovery strategy.
Nigerians have been reassured by presidential spokesperson Bayo Onanuga that President Bola Tinubu is still dedicated to alleviating the nation’s economic woes.
Speaking on Sunday Politics on Channels Television, Onanuga criticized social media monikers that refer to the President as “T-pain,” calling them naughty and at odds with Tinubu’s goal of easing the suffering of his constituents.
Tinubu’s commitment to economic reforms
Onanuga underlined that Tinubu is aware of the difficulties faced by Nigerians, particularly in view of growing expenses brought on by economic reforms such as the elimination of subsidies and changes to foreign exchange rates.
“President Tinubu understands Nigerians’ suffering and promises them that there will be relief soon,” he stated. Onanuga went on to say that the president’s goal is long-term economic stability rather than harm.
Given that Nigerians now have to pay more for food, fuel, and transportation, the government’s recent reforms have generated a lot of discussion.
Calls for policy reversals are fueled by critics who claim that the middle class is disproportionately affected by these measures. Onanuga, however, supported the measures, saying they were essential to restoring a viable economy.
Economic growth and revenue gains
Onanuga emphasized early indications of development and increased revenue despite high inflation and growing public dissatisfaction.
“This is a difficult shift, but it’s a long-term plan to stabilize and expand the economy,” he said.
According to Punch, he promised that while the government believes that the existing policies are essential for sustainable prosperity, it is working to make the transition as seamless as possible.
Onanuga stated that despite recent demonstrations demanding modifications to Tinubu’s economic plans, the administration is unwavering.
He clarified that the goals of the changes are to ensure Nigeria’s economic future, draw in investment, and stabilize the economy. “The administration is focused on the future prosperity that these measures promise,” he continued.
