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Government Releases Economic Reform Scorecard

Minister of Finance Taiwo Oyedele has released a performance scorecard for the Tinubu administration’s economic reforms, highlighting improvements in fiscal sustainability and macroeconomic indicators. According to the report, the government generated N20.4 trillion in incremental revenue against N30.64 trillion in expenses, with the latter driven largely by wage adjustments, debt servicing, and infrastructure investments. While the report notes gains in foreign reserves (up to $52.5 billion), capital importation, and GDP growth, it acknowledges persistent household economic pressure. The government remains committed to its reform agenda, aiming to further reduce inflation and improve fiscal efficiency.

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