*Dr. Oladele Alake, Minister for Solid Minerals Development, asserts it is聽 evident that the temporary pains of the Bola Ahmed Tinubu administration’s reforms are beginning to ease, citing the resurgence of the Naira and emerging stability in the Foreign Exchange (Forex) market

Isola Moses | 绿帽献妻

The Federal Government’s current economic reforms are yielding positive results, Dr. Oladele Alake, Honourable Minister for Solid Minerals, has said.

Dr. Alake declared that reforms of the President Bola Ahmed Tinubu administration have started manifesting in the resurgence of the Nigerian economy.

The Minister stated while playing host to a delegation of the All Progressives Congress (APC) Professionals Forum, led by former Bauchi State Governor, Isa Yuguda, Thursday, April 18, 2024, in Abuja, FCT.

Segun Tomori, Special Assistant on to the Minister on Media, in a statement, disclosed Alake asserted that Tinubu’s progressive leadership and courage in taking difficult decisions are turning the tide, putting the economy on a strong footing.

The Minister also stated: “The President has chosen to leave a legacy of taking difficult decisions that will herald enduring structures that will not only outlast the administration, but also make it impossible for successive administrations to deviate from.

“The society would have become used to a certain standard of service delivery at the end of the Tinubu administration that Nigerians will no more settle for anything less.”

According to the Minister, it has become evident that the temporary pains of reforms are beginning to ease, citing the resurgence of the Naira and emerging stability in the Foreign Exchange (Forex) market.

He further highlighted the administration’s efforts at infrastructural renewal, citing the Lagos-Calabar coastal road, which he stated, on completion, would shorten travel time to the Cross River State capital to two-and-a-and-half hours.

“On completion of that coastal road, the amount of tourism that will be generated along that axis is unimaginable.

“It will be one of the longest tourism coast town drive in Africa, not to talk of the ease of movement of goods and services; the economic impact of ports along the route, and it will finally link up to Sokoto – a project which has been in the pipeline for more than 30 years,” Alake asserted.

The Minister charged the forum as a repository of knowledge and diverse professionals within the APC to contribute their quota to the success of the administration.

Alake also reiterated the APC-led Federal Government is open to innovative ideas in its quest to deliver dividends of democracy to Nigerians through the Renewed Hope Agenda.

In his remarks during the visit, H.E. Isa Yuguda congratulated the Minister on his appointment.

The former Governor of Bauchi State and one-time Minister commended Alake’s efforts at sanitising and attracting global attention to the mining sector.

He equally emphasised that solid minerals remain the key to Nigeria’s economic prosperity.

Yuguda, therefore, urged Nigerians and the Federal Government to support Dr. Alake with all that is required to transform the mining sector.

Solid minerals have all it takes to overtake oil as the mainstay of country’s economy, he stated.

Highlighting the mission of the APC professionals forum, Yuguda stated that the group is a foremost group of patriotic professionals in diverse fields committed to nation building.

He assured the forum would lead enlightenment of the populace on government’s programmes and also advance suggestions, where necessary.

On Yuguda’s entourage were the former Governor of Adamawa State and member of the Forum’s Board of Trustees (BOT), Barr. James Ngilare; former Deputy Governor of Anambra State and Vice-Chairman BOT, Dr. Nkem Okeke; and Secretary, Akeem Akintayo among others.

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