{"id":59427,"date":"2025-01-11T22:14:23","date_gmt":"2025-01-11T22:14:23","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=59427"},"modified":"2025-01-11T22:14:23","modified_gmt":"2025-01-11T22:14:23","slug":"tinubus-economic-reforms-solid-for-greater-tomorrow-dr-ajisafe","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/01\/11\/tinubus-economic-reforms-solid-for-greater-tomorrow-dr-ajisafe\/","title":{"rendered":"Tinubu\u2019s Economic Reforms, Solid for Greater Tomorrow \u2014Dr Ajisafe"},"content":{"rendered":"<p><strong>By Our Correspondent<\/strong><br \/>\nAs Nigeria navigates its economic future under President Bola Ahmed Tinubu, Industry Expert, Dr. Olalekan Ajisafe, Chief Executive Officer of Post Assurance Brokers, has expressed confidence in the administration\u2019s bold reforms, describing them as a solid foundation for national prosperity.<br \/>\nIn an exclusive interview, Dr. Ajisafe highlighted key policy moves reshaping Nigeria\u2019s business landscape, including the removal of petroleum subsidies, exchange rate restructuring, and tax reforms.<br \/>\nAccording to him, these measures have unlocked critical funding for infrastructure projects like the Lagos-Calabar Highway and rail developments, positioning the economy for sustainable growth.<br \/>\n\u201cThe petroleum subsidy removal alone has redirected enormous funds to development.<br \/>\n\u201cWe\u2019ve also seen increased investor confidence, with Nigeria\u2019s equity market recording its highest-ever returns. These are indicators that Tinubu\u2019s policies are yielding results,\u201d he noted.<br \/>\nDespite concerns over the nation\u2019s debt profile, Ajisafe emphasized that borrowing, if well-managed, remains a tool for development, citing global economic giants like the U.S. and China.<br \/>\nHe stressed the need for fiscal discipline, urging oversight bodies to ensure borrowed funds are properly utilized.<br \/>\nOn security, he pointed to a marked improvement in national stability, citing a surge in international travel to Nigeria during the holiday season as a sign of renewed confidence in the country.<br \/>\n\u201cFor the first time in years, we didn\u2019t start the year with grim headlines of bomb blasts or major security crises,\u201d he remarked.<br \/>\nAddressing Nigeria\u2019s long-standing manufacturing and power challenges, Ajisafe maintained that while stable electricity is crucial, other factors such as access to funding, technology adoption, and government incentives are equally critical to reviving the sector.<br \/>\n\u201cThe key is deliberate policy intervention. We need structured programs for agriculture, manufacturing, and SMEs, just like NELFUND in education.<br \/>\n&#8220;A dedicated strategy will drive productivity and food security,\u201d he said.<br \/>\nAjisafe also lauded the resilience of Nigeria\u2019s insurance sector, which he said has recorded consistent annual growth, attributing this to improved public trust and regulatory oversight.<br \/>\nLooking ahead to 2025, the business leader remained optimistic, asserting that Tinubu\u2019s economic blueprint, if sustained, will yield long-term dividends.<br \/>\n\u201cThis is the best time to invest in Nigeria. The foundation is being laid, and the future looks promising,\u201d he concluded.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Our Correspondent As Nigeria navigates its economic future under President Bola Ahmed Tinubu, Industry Expert, Dr. Olalekan Ajisafe, Chief Executive Officer of Post Assurance Brokers, has expressed confidence in the administration\u2019s bold reforms, describing them as a solid foundation for national prosperity. In an exclusive interview, Dr. Ajisafe highlighted key policy moves reshaping Nigeria\u2019s [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":59428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-59427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/59427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=59427"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/59427\/revisions"}],"predecessor-version":[{"id":59429,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/59427\/revisions\/59429"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/59428"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=59427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=59427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=59427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}