By Our Correspondent
The Presidency has insisted that the living conditions of Nigeria’s poorest citizens are improving despite widespread concerns over the country’s economic challenges.
Special Adviser to President Bola Tinubu on Economic Affairs, Tope Fasua, said that while many Nigerians continue to grapple with the effects of ongoing economic reforms, the situation for the “very poor” has begun to improve as government intervention programmes take effect.
According to Fasua, recent economic policies introduced by the Tinubu administration are gradually yielding positive results for the country’s most vulnerable citizens, even though the broader economy is still adjusting to the reforms.
He maintained that targeted social support initiatives and other government interventions are helping to cushion the impact of rising living costs on low-income households.
His remarks come amid persistent public debate over inflation, food prices and the cost-of-living crisis that followed major economic reforms, including the removal of fuel subsidy and the unification of the foreign exchange market.
While acknowledging that many Nigerians are still experiencing economic difficulties, the Presidential Economic Adviser expressed optimism that the reforms would continue to produce long-term benefits, arguing that the country’s poorest citizens are already beginning to see improvements.
The comments are expected to spark fresh reactions from economic analysts, labour unions and opposition figures, many of whom have argued that the current economic situation remains difficult for millions of Nigerians.
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