The Minister of Information and National Orientation, Mohammed Idris, on Thursday, said President Bola Tinubu’s administration made some very difficult decisions that were not politically convenient, upon assumption of office.
Idris said Tinubu’s administration chose to confront longstanding distortions rather than postpone them.
Speaking during a ministerial briefing on Nigeria’s 66th Independence celebration in Abuja, Idris said the country is moving forward due to Tinubu’s tough decisions.
According to Idris: “About three years ago, President Bola Tinubu assumed office amid some very significant and structural challenges, and physical challenges.
“His administration chose to confront the long-standing distortions rather than postpone them and those decisions where indeed very difficult and where not politically convenient. And because of those decisions, Nigerians have bored some real costs.
“Today, however, Nigeria is moving from the difficult work of reforms and stabilisation towards a new phase of growth and shared prosperity.
“Nigeria’s real Gross Domestic Product grew by 4.43 percent as against the preceding year which was 4.23 percent, our foreign reserve as risen, our domestic refining capacity has expanded, investment and productive activity are given momentum.
“Only yesterday, we heard from the governor of the Central Bank that for the first time in 18 years, the foreign reserve has crossed the $55 billion mark.”