Economic reforms deliver growth, spur investor confidence – Bagudu

Bagudu

By JAMIU JAMODU

Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, says Nigeria’s economy is witnessing a significant turnaround, driven by bold reforms, improved coordination, and a renewed focus on national priorities.

In a feature interview for an upcoming TV documentary marking President Bola Ahmed Tinubu’s second anniversary, the Minister declared that the government’s “Renewed Hope Agenda” is working and winning over investors at home and abroad.

“This is two years well spent,” Bagudu confidently stated, reaffirming the government’s commitment to the economic reforms.

“Mr President confronted Nigeria’s economic realities with bold and necessary choices—tough as they might be—and those measures are now yielding results.”

Bagudu noted that the reform-driven economy has seen four consecutive quarters of GDP growth, exchange rate stability, and a resurgence in private sector confidence.

“We have seen four quarters of successive economic growth, stability in foreign exchange, and appreciation by Nigerians and the international community. Rating agencies have consistently appreciated what we are doing,” he said.

He added that foreign and domestic investors have responded positively to the government’s economic agenda, particularly agriculture, energy, and infrastructure.

“We have seen investors from Brazil, Belarus, and Saudi Arabia increasingly entering our agricultural space. The world economic community and multilateral institutions are putting more faith in our economy.”

According to the Minister, this renewed interest stems from the administration’s commitment to credibility, transparency, and structural change.