TMSG welcomes Chatham House endorsement of Tinubu’s economic reforms
By Salif Atojoko
The Tinubu Media Support Group (TMSG) has hailed Chatham House’s recent endorsement of the economic reforms under President Bola Tinubu’s administration, describing it as a significant validation of the country’s economic trajectory.
Mr Emeka Nwankpa, Chairman of the group, expressed pleasure at the British policy institute’s acknowledgment that the reforms had positioned Nigeria’s economy at its most competitive level in the past 25 years.
He emphasised that the endorsement highlighted the positive outlook for the Nigerian economy, in spite of some short-term challenges.
“This is a resounding endorsement of the policies of the Tinubu administration, in spite of the short-term pains we acknowledge.
“It is encouraging that Chatham House recognised the bold step President Tinubu took in removing the fuel subsidy, which led to a quadrupling of fuel prices,” Nwankpa said.
He further noted that while food prices rose initially, recent weeks had seen a noticeable decline, reflecting the effectiveness of the administration’s reforms.
The group agreed with Chatham House’s optimistic view that, if the government maintained its course, Nigeria’s economic outlook would continue to improve.
TMSG also referenced a similar assessment from the Independent Media and Policy Initiative (IMPI), which highlighted improvements in Nigeria’s balance of trade, daily crude production, and foreign reserves.
“We are hopeful that these positive trends will soon be reflected in the inflation rate, enabling more Nigerians to feel the impact of the improving economy.”
TMSG expressed confidence that 2025 would bring further positive developments for the country and urged Nigerians to continue supporting the President and his team.
Additionally, TMSG called on government officials to communicate the successes of the Tinubu administration more effectively, particularly as the government approached its mid-term. (NAN) (www.nannews.ng)
Edited by Abiemwense Moru
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