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Tinubu's Renewed Hope Agenda paving way for Nigeria’s economic renaissance

  • As President Bola Tinubu's administration nears its two-year mark, the Renewed Hope Agenda continues to drive Nigeria's economic transformation through decisive policy changes and targeted development initiatives.
  • The administration began its economic reset on Day One by removing the fuel subsidy and unifying the exchange rate, which Idris called the bedrock of the nation’s economic transition despite initial hardships.
  • The government has allocated over ₦2.5 trillion to road infrastructure in 2025, created new ministries for regional and livestock development, launched NELFUND supporting 300,000 students, and invested $450 million in compressed natural gas infrastructure.
  • Headline inflation eased to 23.71% in April 2025, down from 24.23% in March, while foreign direct investment commitments exceeded $50 billion and diaspora remittances topped $21.9 billion, reflecting tangible progress.
  • These reforms and investments mark visible results in exchange rate stability, increased revenue, and infrastructure growth, suggesting the Renewed Hope Agenda is laying a foundation for Nigeria’s economic revival, though challenges remain.
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Daily Post Nigeria broke the news in Nigeria on Tuesday, May 20, 2025.
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