Nigeria Showcases Economic Reforms, Calls for Balanced Reporting by International Media

The Federal Government has outlined key economic and governance reforms while engaging foreign media organisations on Nigeria’s development trajectory and global positioning.

The development was disclosed in a statement shared on April 23 2026, on the official page of the Federal Ministry of Information and National Orientation.

According to the statement, the Minister of Information and National Orientation Mohammed Idris, spoke during an interactive session with international media in Abuja, where he addressed issues around economic reforms, transparency and global partnerships.

He said the current administration has embarked on wide-ranging reforms across critical sectors, including the economy, security, education and infrastructure.

“We are embarking on the most comprehensive set of structural reforms in decades,” Idris said.

The minister noted that recent economic data showed signs of recovery, with growth improving and fiscal adjustments such as subsidy removal and exchange rate unification aimed at strengthening government revenue.

He added that funds saved from these measures are being redirected towards infrastructure development and social services.

It was further noted that on security, Idris stated that intelligence-driven operations have contributed to improved stability in parts of the country, while ongoing legislative discussions are expected to strengthen governance at the sub-national level.

He also highlighted interventions in education and youth development, including student loan schemes and expansion of digital infrastructure.

“Accurate reporting requires holding both truths,” he said, calling on international media organisations to reflect both the country’s challenges and progress in their reports.

Also speaking, the Minister of Finance and Coordinating Minister of the Economy Taiwo Oyedele said Nigeria’s reform efforts have moved into a consolidation phase focused on delivering tangible outcomes for citizens.

We have moved from fragility to stability, and now to consolidation,” he said.

Similarly, the Minister of Industry, Trade and Investment Jumoke Oduwole, noted that efforts are ongoing to drive economic diversification through increased investment, trade and industrialisation.

The session, according to the statement, forms part of ongoing efforts by the Federal Government to strengthen engagement with international stakeholders and shape Nigeria’s global narrative.

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