Presidency: Tinubu’s Reforms Rapidly Reviving Businesses, Restoring Investor Confidence
* Challenges opposition to engage businesses, Nigerians before criticising reforms* The Presidency has said ongoing economic reforms undertaken by the administration of President Bola Ahmed Tinubu are restoring confidence in
President Bola Ahmed Tinubu's administration has been credited with rapidly reviving businesses and restoring investor confidence in Nigeria, according to a report by This Day. The Technical Assistant on Regional Development Programmes in the Office of the Vice-President, Dr Hafiz Abdullahi, highlighted that the administration is supporting micro, small, and medium enterprises (MSMEs) through targeted intervention funds, single-digit loans, and free business formalization drives.
This has led to a growth in the enterprise from a small shop into a diversified business, according to the minister of Women Affairs, Hajiya Imaan Sulaiman-Ibrahim. Dr. Abdullahi also challenged opposition politicians criticizing the administration's economic policies to engage directly with businesses and Nigerians before concluding that the reforms had worsened economic conditions.
Brief written by urgent.news from This Day's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
