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

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)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

World
UK wages outstrip inflation for first time in nearly two years: Report
According to official figures, UK wages are outstripping inflation for the first time in nearly two years.

World
Belgian police gun down suspect of Brussels terrorist attack
Belgian police have gunned down the man responsible for the fatal shooting of two Swedish nationals in Brussels, says the country’s interior minister.

World
Hamas: Biden to visit Israel as war worsens Palestinians’ humanitarian crisis
U.S. President Joe Biden has promised to make a high-stakes visit to Israel on Wednesday to show support for its war on Hamas.

World
India’s Supreme Court refuses to legalise same-sex marriage
India’s top court on Tuesday says it cannot legalise same-sex marriages, with the country’s chief justice saying making such a law is the domain of parliament.

World
EU leaders to hold talks on Israel-Hamas war
European Union leaders are to discuss the raging conflict between Israel and Hamas, which has left more than 4,000 dead in the past 10 days.

Economy
Nigeria’s inflation rate worsening, hit 26.72% in September: NBS
On a year-on-year basis, the headline inflation rate in September was 5.94 per cent higher than the rate recorded in September 2022 at 20.77 per cent.