By Muhammed Abubakar, Reporting
THE economic reforms championed by President Bola Ahmed Tinubu are beginning to bear fruit, the Minister of Information and National Orientation, Mohammed Idris, has declared.
Speaking on Thursday in Abuja while receiving his counterpart from the Ministry of Industry, Trade and Investment, Dr Jumoke Oduwole, on a courtesy visit, Idris highlighted two major milestones achieved by the administration.
“For the first time in 13 years, Nigeria’s foreign reserves have crossed the 50-billion-dollar mark,” the Minister announced. “Nigeria has also been removed from the Financial Action Task Force grey list, which sends a strong signal to investors around the world that Nigeria is open and ready for legitimate business.”
Idris emphasised that his ministry remains dedicated to amplifying the Federal Government’s policies, particularly those designed to strengthen the economic environment and attract foreign direct investment. He stressed the importance of ensuring that both Nigerians and the global community fully grasp the scope of the ongoing reforms and the opportunities they present for growth.
“The Federal Ministry of Information and National Orientation is always about servicing you, amplifying the work that you do, and ensuring that we ventilate some of those programmes and policies,” he told Dr Oduwole, assuring her of continued support in communicating the government’s agenda.
The Information Minister further noted that the administration is taking decisive action to bolster critical infrastructure that supports industrialisation, including significant reforms in the power sector aimed at guaranteeing a more reliable electricity supply for businesses and industries.
Telling Nigeria’s Story
Earlier, Dr Jumoke Oduwole explained that her visit was intended to foster closer collaboration with the Information Ministry in publicising its programmes and policy direction, particularly as the nation intensifies efforts toward industrialisation, increased trade, and higher non-oil exports.
She outlined her ministry’s focus on unlocking global and regional demand for Nigerian products, strengthening domestic industrial capacity, and mobilising strategic investment to drive economic transformation.
“Telling our story is a responsibility for us as an administration. With all that we have done in the last three years, it is important to amplify the concrete evidence of the reforms that have been implemented,” Dr Oduwole stated.
She also highlighted Nigeria’s active engagement in regional and global trade initiatives, including the African Continental Free Trade Area (AfCFTA), as part of broader efforts to position Nigerian businesses to compete effectively on the international stage.
The meeting was attended by senior officials from both ministries, including the Permanent Secretary of the Information Ministry, Ogbodo Chinasa Nnam; Director-General of the Voice of Nigeria (VON), Jibrin Baba Ndace; and the Director-General of the Federal Radio Corporation of Nigeria (FRCN), Dr Mohammed Bulama, among others.
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