6th April, 2024
By Collins Yakubu-Hammer
The Minister of Information and National Orientation, Alhaji Mohammed Idris said the Bola Ahmed Tinubu administration has recorded some salient achievements in the economy through the implementation of some macroeconomic reforms.
Idris spoke while giving his opening remark at the fourth Ministerial Briefing Session on Friday in Abuja
“Our foreign exchange market has stabilised and our beloved Naira is getting stronger daily,” Idris said.
He added that the recent establishment of the Presidential Economic Coordination Council and the Economic Management Team Emergency Task Force underscored President Bola Tinubu ‘s commitment to fostering a unified strategy for economic management.
He said the establishment of the teams would leverage on the expertise and insights of key stakeholders from both the public and private sectors.
According to him, the teams would serve as platforms for robust discussions, analysis, and decision-making to drive sustainable economic growth, job creation, and prosperity for all Nigerians.
“The launch of the Renewed Hope Infrastructure Development Fund aims to raise about N20 trillion for investment in critical sectors such as the real sector of the economy, transport, social services, agriculture, and ICT among others.
“The Fund seeks to support projects that promote growth, enhance local value-addition, create employment opportunities, and promote exports.
“The projects to be targeted by the Fund include the construction of the Lagos-Calabar Coastal Highway, which kick-started recently.
“Others are, the Sokoto-Badagry Expressway, Lagos-Kano Expressway, the Eastern Rail Lines and the modernisation of ports and aviation facilities across the country,” Idris said.
He said, the progressive policy in the power sector and many other review were strategic steps toward a more sustainable, efficient, and equitable electricity sector.
The Minister also restated his commitment to transparency in public communication as a deliberate policy to build trust between government and its citizens.
He said the vision for his ministry included; restore public trust in public communications and amplify policies and programmes of the Federal Government, as well as inspire Nigerian narratives.
Idris said the ministry will place emphasis on national values, deepen the social contract between government and citizens, modernise technology and talent in the Federal Government’s Information and Communications systems.
He assured that the Government would create an enabling operating environment for the media in Nigeria, through favorable policies and incentives.
“We understand that transparency is not just a principle to be upheld but a foundation for good governance.
“Therefore, we are committed to ensuring that our communication channels remain open, accessible, and informative.
“We strive to provide accurate, timely, and relevant information to the public on matters of governance, policy, and programme,” he said.
(NAN)