President Bola Tinubu says Nigeria’s debt service-to-revenue ratio has reduced from 97 percent to 65 percent.
Speaking on Monday during the swearing-in ceremony for seven new ministers in Abuja, the president described the development as a positive indicator of the nation’s economic recovery.
While recognising the rising cost of living, President Tinubu also assured that his administration has fulfilled its commitment to implementing a new minimum wage across all sectors.
He also encouraged citizens to remain resilient in light of global economic difficulties impacting various countries, including increased crime rates in Europe and America due to pandemic-related disruptions.
Leave feedback about this
You must be logged in to post a comment.