There have been twelve noteworthy advancements under President Bola Ahmed Tinubu’s administration, according to Senator George Akume, the Secretary to the Government of the Federation (SGF).
As previously said, the Independent National Electoral Commission (INEC) proclaimed Tinubu, a former governor of Lagos State, the victor of the February 2023 presidential election.
The Oath of Office was taken on May 29, 2023, and Tinubu became the President of Nigeria.
Some of the economic initiatives that the Nigerian leader has announced since taking office have been criticized by many Nigerians.
On Thursday, however, Akume wrote in a series of posts posted on his official X Twitter claiming the current administration has made noticeable strides in less than two years.
He said that under President Tinubu, initiatives to change the economy started to pay off.
The subnational governments are now receiving the funds saved from the withdrawal of the Fuel Subsidy for grassroots development, he said.
Akume stated that in order to preserve long-term agriculture and food security, the Tinubu administration is making progress with structural changes, especially in the agricultural sector.
He said that all Nigerians would gain from this since it would increase the food supply and reduce inflationary pressures.
The 12 SGF-recorded Nuggets of Progress are listed below.
With our Renewed Hope Agenda in full force, 2025 has already gotten underway. Under President @OfficialABAT, we have seen noticeable progress in less than two years as our efforts to reform the economy start to pay off.
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1. Our efforts to reduce inflation and rebuild the credibility of our monetary system are unrelenting. An opaque system of preferential allocations is being replaced by a more transparent and effective market mechanism through the reform of the foreign exchange regulation.
2. The Fuel Subsidy is no longer in effect. The advantages of deregulation are becoming more evident as the economy grows under the new, market-driven gasoline marketing system. Savings are now sent to subnational governments for development at the local level.
3. To ensure food security and agriculture for the long term, we are making progress with structural reforms, especially in agriculture. This would improve the availability of food and reduce inflationary pressures, which will benefit all Nigerians.
4. It is impossible to overestimate our contribution to Mission 300, the World Bank project in which 300 million people are to be connected to energy. Before we leave office, we are on track to electrify the entirety of Nigeria because power infrastructure is essential for both industrial and economic growth.
5. Our commitment to creating an atmosphere that is conducive to business has always been clear. We’re boosting our Ease of Doing Business Index, drawing in sustainable investments, and encouraging growth led by the private sector for a more robust economy.
Details will be revealed soon.
