President Bola Ahmed Tinubu recently assured Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), that Nigeria’s economic reforms are beginning to show positive outcomes.

During their meeting, the President emphasized his administration’s unwavering commitment to alleviating the challenges brought on by these reforms while prioritizing the protection of the nation’s most vulnerable citizens.

President Tinubu highlighted that key aspects of his administration’s agenda include strengthening social safety nets, improving access to education, and driving investments in infrastructure.

He stressed that these efforts are crucial for fostering inclusive growth and ensuring that no Nigerian is left behind in the journey toward economic recovery and development.

In addressing fiscal policies, the President acknowledged the need to expand the country’s tax base as part of broader efforts to achieve sustainable developmental growth.

However, he reassured Nigerians that this would be done responsibly, without imposing additional burdens on a population already grappling with economic hardship.

The meeting with Georgieva comes at a time when Nigeria is undergoing significant economic adjustments, including the removal of fuel subsidies and the unification of the foreign exchange rate.

While these measures are intended to stabilize the economy and attract foreign investment, they have also led to increased costs of living for many Nigerians.