President Bola Tinubu used his Eid-el-Kabir message to restate his administration’s stance that its economic reforms, though tough, were essential and are now yielding fruit.
Nigerian Muslims will join their counterparts from across the world to celebrate the Eid-el-Kabir, also called Sallah festival, on Wednesday.
In his statement on Tuesday to mark the festival, Mr Tinubu said, “The reforms we have undertaken are challenging but necessary to build a stronger and more prosperous Nigeria for future generations.
“Just as sacrifice brings reward, I am happy that the sacrifices and efforts we have made over the past three years have yielded a more stable economy, making our country a preferred investment destination that will drive job creation and economic growth. The walk through the dark tunnel is over, and the light is here.”
PREMIUM TIMES reports that some of the reforms undertaken by the administration are the removal of petrol subsidy and the floating of the naira to unify the foreign exchange market. The policies led to huge increases in the prices of goods and services for millions of Nigerians, but have saved the government trillions of naira, which have been ploughed back into sectors like health and education and also helped to stabilise the naira.
