Despite the lingering economic challenges facing Nigeria, the immediate past Deputy President of the Senate, Senator Ovie Omo-Agege, has affirmed his conviction that the economy is already turning the corner and returning to prosperity.
In his Christmas message, which he personally signed, Senator Omo-Agege acknowledged that the recent reforms introduced by the Federal Government have caused hardship for many Nigerians. However, he noted that the economy is already witnessing positive gains, including improved growth rates.
Omo-Agege, who was the APC flag bearer in the 2023 governorship election in Delta State, decried the “unacceptable” numerous challenges facing the state.
“We acknowledge that the recent reforms have caused hardship for many Nigerians, particularly with the removal of fuel subsidies and the unification of the naira’s multiple exchange rates. Nonetheless, it’s essential to recognise that these reforms are designed to address decades of economic mismanagement and put Nigeria on a path to sustainable growth.
“The reforms are crucial for transitioning our economy from import-dependent to self-sufficient, productive, and job-creating. Achieving this ambitious long-term goal requires patience and perseverance.
“Encouragingly, we are already witnessing positive gains, including improved growth rates, reduced imports, increased exports, higher incomes for farmers, and increased FAAC allocations to state and local governments.
“These gains demonstrate that the reforms are yielding positive results, and with continued patience and perseverance, Nigeria can overcome current challenges and emerge stronger, more resilient, and more prosperous,” he noted.
However, he declared his optimism about the country’s future. “The government’s economic reforms, although challenging, are a necessary step towards a more prosperous future.”
Omo-Agege restated his displeasure with the performance of Rt. Hon. Sheriff Oborevwori, Governor of Delta State.
“Delta State continues to face numerous challenges, including insecurity, poor infrastructure, inadequate healthcare, a struggling economy, and underpaid workers.
The failure of Governor Sheriff Oborevwori’s administration to effectively utilise the over N900 billion in revenue to cushion the inevitable pains of economic reforms is unacceptable.
Many communities are left in dire need due to the lack of transparency and accountability in fund allocation.
“Despite its huge potential, agriculture has been neglected, unlike in many other states. This sector is crucial for providing food, creating jobs, and stimulating economic growth.
In fact, agriculture contributes significantly to the global economy, providing employment, raw materials, and economic development opportunities.
“Through prioritising agriculture, Delta State can unlock its economic potential, reduce poverty, and improve the livelihoods of its citizens.
This misalignment between the governor’s priorities and the people’s needs must be addressed to ensure a brighter future for Delta State,” the Obarisi of Urhoboland declared.
He reiterated his commitment to “driving change and ushering in a new era of progress and prosperity for our beloved state.”
According to him, “As your opposition leader, my vision is for a Delta State where every citizen has access to quality education, healthcare, economic opportunities, and a living wage. Let’s work together to make this vision a reality.
“As we move forward, it is crucial that we collaborate to build a brighter future for our nation.
“With perseverance and collective support, we can overcome current hardships and emerge stronger, more resilient, and more prosperous.”
As 2025 rolls in, he urged Nigerians to “rally behind President Tinubu’s administration as they steer Nigeria through a critical economic restructuring process and implement the Budget of Restoration: Securing Peace, Rebuilding Prosperity.
“Let’s remain optimistic and supportive as Nigeria navigates this critical phase of economic transformation.”
He wished Deltans and Nigerians “Merry Christmas, and may the New Year bring us peace, prosperity, and happiness.”
