Bagudu: Painful Reforms Yielding Positive Results
Sen. Abubakar Bagudu, the Minister of Budget and Economic Planning, has highlighted the successful outcomes of President Bola Tinubu's economic reforms. Speaking to reporters in Abuja on Friday, Bagudu emphasized that these measures have helped restore confidence in the nation's economy.
According to a statement from Bola Adebiyi, his Special Assistant on Media, Bagudu mentioned that foreign investors are once again showing interest in Nigeria.
Addressing the impact of removing petrol subsidies, Bagudu acknowledged the initial discomfort but stressed that this policy has boosted available funds for government entities to invest in vital infrastructure projects.
He pointed out that these infrastructure developments are crucial for economic rejuvenation, especially considering the previo...