The Federal Government has stated that the recent drop in food and petroleum prices is evidence that the economic policies of President Bola Tinubu’s administration are starting to deliver positive results.
Minister of Information and National Orientation, Mohammed Idris, made this assertion during the 4th edition of the 2025 ministerial briefing in Abuja.
The briefing featured Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), Minister of Education, Tunji Alausa, and Minister of State for Education, Suwaiba Ahmed, who provided updates on their ministries’ achievements.
Idris emphasized that Nigeria is at a critical turning point, implementing bold and transformative reforms to build a stronger economic foundation.
“Across the world, history has shown that meaningful reforms are never easy but demand sacrifice, resilience, and a commitment to long-term progress,” he stated.
He acknowledged the initial challenges faced by Nigerians due to the reforms but assured that they were necessary for a more stable and prosperous future.
“The initial pains that often accompany these changes are the necessary price for a more stable and prosperous future,” Idris said.
“These reforms are not just well-intentioned; they are essential for the growth and development of our nation. Let me say that we have crossed the Rubicon, and the pains are gradually easing as the positive impact of these reforms begins to take shape,” he added.
According to him, the reduction in food prices, exchange rate stability, and declining petroleum costs are clear signs that the policies are working.
“As we continue on this journey, I am appealing to our religious leaders to use this sacred period of Ramadan and Lent to offer prayers for the peace, security, and progress of our nation,” he stressed.
The minister urged Muslim and Christian leaders to pray for Nigeria’s success, stressing that with unity, faith, and collective effort, the country would overcome challenges and achieve lasting prosperity.