Home Politics Nigeria’s Economy: revenue too little to contain population – Presidency

Nigeria’s Economy: revenue too little to contain population – Presidency

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economy
Daniel Bwala

Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, claims that Nigeria’s revenue is not sufficient to match the large population of the country.

The presidential aide made this claim on Tuesday during a live appearance in an interview on Arise Television’s ‘Prime Time’.

He said this while speaking on the reason why several Nigerian still struggle to see the widely proclaimed economic reforms in their daily lives.

Recall that President Tinubu, in a speech to mark his third anniversary, said the economic reforms have helped the Nigerian economy become better.

According to Bwala, “The population is over 230 million, but the resources we have, however, the increased revenue is not enough to match with the population and deficit in terms of infrastructure.

“So, growth will have to be slow. It will be slow, steady and consistent. That is what we take pride in.”

Similarly, Bwala also said that the current administration of President Bola Tinubu has recorded robust success in the battle against insecurity.

He referenced the combined effort of the Nigerian military and the United States forces that led to the killing of top commanders of Boko Haram terrorists and many other criminal elements

Additionally he claimed that “It would be unfair to security forces fighting in the Bush to say there is no success towards insecurity.

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Favour Jeremiah
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