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Economic reforms: Tinubu deserves second term in office – Rep member

Economic reforms: Tinubu deserves second term in office – Rep member

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By Abiodun Lawal

 

The House of Representatives member representing Yewa North/Imeko-Afon Federal Constituency, Gboyega Isiaka, says President Bola Tinubu deserves a second term in office considering the massive reengineering of the nation’s economy.

 

Isiaka stated this at a news conference to showcase his scorecard at the House of Representative in the last two years, on Sunday in Abeokuta.

The lawmaker said that Tinubu’s Renewed Hope Agenda had created the enabling policy framework for meaningful reforms across the nation.

Since assuming office, he added that the President had pursued a reform-driven economic agenda anchored on difficult yet necessary decisions.

“From the removal of fuel subsidy to the unification of foreign exchange rates, these measures have begun to yield measurable outcomes.

“The federal fiscal deficit has narrowed significantly, signaling stronger financial discipline and improved economic management.

“Also, our exchange rate policy has yielded a stable and predictable exchange rate that enhances planning and encourages greater direct investment flows into the economy.

“The recently passed Tax Reform Bill represents a major step forward, optimising revenue collection, reducing leakages, and enable more sustainable investments in infrastructure and social services,” he said.

Isiaka, who is the Chairman, House of Representatives Committee on National Planning and Economic Development, noted that, though, there were still challenges, the reforms had laid the groundwork for long-term stability and shared prosperity.

“The essence of leadership is to take you through the best route that will give you desired results.

“I am convinced beyond reasonable doubt that the path Mr President is taking us to is the best.

See also  How Africa can fast-track industrial revolution – Tinubu

“We need to exercise some patience and by the time the President gets his second term, which I am sure by the time he’s sworn in by May 2027 Insha Allah, I am sure we are going to see more better and better days,” he said.

On his constituency projects, he noted that he had empowered over 4,000 constituents through carefully designed intervention programmes spanning key sectors.

“We are intentionally equipping our people with different means to build sustainable livelihoods and foster economic self-reliance,” he said.

The lawmaker also disclosed that in the last two years, he had sponsored five bills and five motions.

“I have sponsored five bills and five motions, one bill passed, two passed second reading and the other two under public hearing stage,” he said.(NAN)(www.nannews.ng)

Edited by Folasade Adeniran

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Folashade Adeniran
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