{"id":68009,"date":"2025-06-13T16:17:06","date_gmt":"2025-06-13T16:17:06","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=68009"},"modified":"2025-06-13T16:17:06","modified_gmt":"2025-06-13T16:17:06","slug":"nigeria-regaining-global-respect-economic-stability-under-tinubu-minister-tells-forbes","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/06\/13\/nigeria-regaining-global-respect-economic-stability-under-tinubu-minister-tells-forbes\/","title":{"rendered":"Nigeria Regaining Global Respect, Economic Stability Under Tinubu, Minister Tells Forbes"},"content":{"rendered":"

By Adenike Lawal<\/strong><\/p>\n

 <\/p>\n

As Nigeria marks 26 years of uninterrupted democracy, the Federal Government says the country is firmly on the path to economic recovery and global reassertion under the leadership of President Bola Tinubu.<\/p>\n

This was disclosed by the Minister of Information and National Orientation, Mohammed Idris, in an exclusive interview with Forbes Africa as part of events to commemorate the 2025 Democracy Day.<\/p>\n

Idris highlighted a renewed national direction shaped by bold reforms, including the removal of the long-standing fuel subsidy and the unification of foreign exchange rates.<\/p>\n

He described both as pivotal decisions that have reshaped Nigeria\u2019s economic landscape.<\/p>\n

\u201cThese were tough choices,\u201d the minister said. \u201cBut just like a plane taking off, we experienced some turbulence. Now, stability is setting in. The World Bank has even acknowledged that we are reaching growth levels not seen in over a decade.\u201d<\/p>\n

Idris urged Nigerians to view this year\u2019s Democracy Day not only as a celebration but also as a time for sober reflection on the nation\u2019s democratic journey and the ongoing economic transformation.<\/p>\n

He explained that funds saved from the discontinued fuel subsidy are being redirected into critical infrastructure, including two major highway corridors spanning more than 1,700 kilometres.<\/p>\n

These projects, he said, aim to unlock economic opportunities and foster regional integration.<\/p>\n

\u201cThe goal is not just better connectivity, but also to reignite productivity and drive economic inclusion across regions,\u201d Idris said.<\/p>\n

He added that Nigeria is experiencing a resurgence in international confidence, with global partners beginning to view the country more favourably.<\/p>\n

\u201cThe respect Nigeria once enjoyed is returning. Investors are regaining confidence in the Nigerian economy,\u201d he noted.<\/p>\n

Reaffirming the essence of President Tinubu\u2019s Renewed Hope Agenda, the minister said the reforms go beyond economic restructuring.<\/p>\n

\u201cThey are about laying a new foundation rooted in transparency, inclusive growth, and long-term sustainability,\u201d he said.<\/p>\n

The interview formed part of the government’s media engagement strategy to mark Nigeria\u2019s 2025 Democracy Day, observed annually on June 12.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Adenike Lawal   As Nigeria marks 26 years of uninterrupted democracy, the Federal Government says the country is firmly on the path to economic recovery and global reassertion under the leadership of President Bola Tinubu. This was disclosed by the Minister of Information and National Orientation, Mohammed Idris, in an exclusive interview with Forbes […]<\/p>\n","protected":false},"author":33,"featured_media":68010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173,172],"tags":[],"class_list":["post-68009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/68009","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\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=68009"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/68009\/revisions"}],"predecessor-version":[{"id":68011,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/68009\/revisions\/68011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/68010"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=68009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=68009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=68009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}