HomeBusinessFG defends reforms, says economy showing signs of recovery

FG defends reforms, says economy showing signs of recovery

…says inflation, insecurity persist, but Nigeria Is moving in the right direction

…highlights N184bn student loans, N37bn consumer credit, 4.07% GDP growth

…8,000 revitalised health centres, 3 million households supported

The Federal Government has acknowledged that inflation and insecurity continue to pose significant challenges to Nigerians, but insisted that the country is moving in the right direction as economic reforms introduced by the President Bola Ahmed Tinubu administration begin to yield positive results.

George Akume, Secretary to the Government of the Federation (SGF), stated this on Tuesday in Abuja during a national press conference to mark the 2026 Democracy Day celebrations and the third anniversary of the Renewed Hope administration, saying available economic indicators point to growing confidence, increased market activity and improved productive exchange across the economy.

According to Akume, the administration remains conscious of the impact of inflation and insecurity on citizens but noted that the reforms introduced

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