Economic reforms painful but necessary for Nigeria’s growth — Minister

Key Takeaways

• The Minister of Solid Minerals Development, Dele Alake, the current economic difficulties in Nigeria are painful but part of the necessary transition toward building a resilient an The Minister of Solid Minerals Development, Dele Alake, the current economic difficulties in Nigeria are painful but part of the necessary transition toward building a resilient and sustainable economy.
• Alake indicated this at the maiden edition of the Solid Minerals Excellence Awards in Abuja on Thursday.
• He indicated Nigeria was undergoing a decisive economic transformation aimed at achieving long-term prosperity, industrial growth and national development through bold reforms and strategic leadership.From him, the administration of President Bola Tinubu remains committed to implementing difficult but necessary reforms to address corruption, weak institutions, economic instability and overdependence on oil revenue.