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Tuesday, October 17, 2023

Tinubu’s government committed to fiscal responsibility, economic sustainability: Idris

“It also demonstrates the government’s dedication to making tough choices for the greater good,” said information minister Mohammed Idris.

• October 17, 2023
President Bola Tinubu
President Bola Tinubu

Information minister Mohammed Idris says President Bola Tinubu’s government is taking steps to eliminate the country’s various challenges.

Mr Idris said this during the lecture and presentation of awards organised by the Oyo State Council of Nigeria Union of Journalists (NUJ) as part of its 2023 Press Week in Ibadan.

The lecture was themed ‘Nigerian Economy: Reimagining Education System for the Fifth Industrial Revolution’.

Mr Idris said the removal of subsidy on fuel was a bold move which signifies the government’s commitment to fiscal responsibility and economic sustainability.

“While it may bring short-term discomfort, it will pave the way for a more stable and prosperous future. It also demonstrates the government’s dedication to making tough choices for the greater good,” he added.

However, the minister noted that the depreciation of the Naira has presented its own challenges. He pointed out that this is an opportunity for Nigerians to focus on building a resilient and diversified economy that is less dependent on the fluctuations of global currency markets.

“Our commitment to economic reforms and investment in critical sectors will, over time, help stabilise the naira and enhance our economic prospects,” said Mr Idris.

The minister also said the Tinubu administration’s pursuit of media development enhanced access to information, improved media infrastructure and promoted media literacy across the nation.

“This is aimed at bridging the gap between the urban and rural areas, ensuring that every Nigerian has access to accurate and unbiased information,” he said.

Mr Idris added that the present administration would redouble efforts in supporting media development, upholding the principles of a free press and working towards a society where journalism thrives.

(NAN)

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