Islamic cleric, Sheikh Ahmad Gumi, has defended President Bola Tinubu’s economic reforms, arguing that key economic indicators suggest Nigeria’s economy is gradually recovering.
Gumi made the remarks during an interview on PAPShow, where he spoke about the country's economic situation and the impact of the policies introduced by the Tinubu administration.
The cleric maintained that despite the economic difficulties Nigerians have experienced, available macroeconomic indicators point towards an improvement in the country's economic outlook.
He suggested that the government's reforms should be assessed beyond the immediate hardship they have caused, noting that economic recovery can be measured through broader indicators.
Tinubu's administration has introduced several economic measures since assuming office in May 2023, including the removal of petrol subsidy and the unification of the foreign exchange market.
However, the policies have also attracted criticism from Nigerians over rising living costs, inflation and the pressure on household incomes.
Gumi's comments add to the ongoing debate over the impact of the government's economic policies and whether the reforms are translating into improved living conditions for ordinary Nigerians.
ReportNaija reports that the Tinubu administration has repeatedly defended its economic policies, maintaining that the reforms are necessary to stabilise the economy and promote long-term growth.