{"id":61743,"date":"2025-02-24T02:09:32","date_gmt":"2025-02-24T02:09:32","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=61743"},"modified":"2025-02-24T02:09:32","modified_gmt":"2025-02-24T02:09:32","slug":"ooni-backs-tinubus-reforms-says-economic-relief-emerging","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/02\/24\/ooni-backs-tinubus-reforms-says-economic-relief-emerging\/","title":{"rendered":"Ooni Backs Tinubu\u2019s Reforms, Says Economic Relief Emerging"},"content":{"rendered":"<p><strong>By Ade Iyamoye<\/strong><\/p>\n<p>The Ooni of Ife, Oba Adeyeye Ogunwusi Ojaja II, has praised President Bola Tinubu\u2019s economic reforms, stating that the resulting hardship is easing and investor confidence is rising.<\/p>\n<p>Speaking at the inaugural Nigeria-Kazakhstan Business Council International Conference in Abuja, the monarch highlighted the closure of the 20-year gap between parallel and official exchange rates, describing it as a sign of economic stabilization.<\/p>\n<p>\u201cFor the first time in two decades, the exchange rate disparity has been closed. Our capital market is now primed for foreign investments,\u201d he said.<\/p>\n<p>The Minister of Agriculture, Abubakar Kyari, added that food prices have dropped by 40% in the past month, crediting Tinubu\u2019s N200 billion sector intervention and improved harvests for the relief.<\/p>\n<p>He warned against food hoarding, pledging further measures to stabilize prices.<\/p>\n<p>Kazakhstan\u2019s Deputy Foreign Affairs Minister, Alibek Kuantyrov, commended the growing ties between both nations and urged Nigeria to open an embassy to boost diplomatic and economic partnerships.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Ade Iyamoye The Ooni of Ife, Oba Adeyeye Ogunwusi Ojaja II, has praised President Bola Tinubu\u2019s economic reforms, stating that the resulting hardship is easing and investor confidence is rising. Speaking at the inaugural Nigeria-Kazakhstan Business Council International Conference in Abuja, the monarch highlighted the closure of the 20-year gap between parallel and official [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":61745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[59],"class_list":["post-61743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/61743","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=61743"}],"version-history":[{"count":2,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/61743\/revisions"}],"predecessor-version":[{"id":61746,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/61743\/revisions\/61746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/61745"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=61743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=61743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=61743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}