Group Hails Federal Government’s Economic Reforms, Says Nigeria Is Rising

The Hope Alive Initiative has commended President Bola Tinubu’s economical reforms, describing them arsenic the driving unit down Nigeria’s caller beardown economical performance.

In a connection issued to journalists connected Wednesday successful Abuja by its Director of Press, Ernest Omoarelojie, the radical noted that caller information from the National Bureau of Statistics (NBS)—which shows a year-on-year GDP maturation of 4.23 per cent successful the 2nd 4th of 2025—confirmed that the administration’s reforms were yielding tangible results.

According to the group, earlier President Tinubu assumed bureau successful May 2023, the system was successful dire straits—crippled by unsustainable substance subsidies, a distorted overseas speech regime, dwindling outer reserves, and debased capitalist confidence.

“The system was connected the brink, with poorness levels deepening and the fiscal abstraction for maturation astir wholly eroded,” the radical said.

It added that bold argumentation measures—including the removal of the petrol subsidy, unification of the overseas speech market, fiscal consolidation, and targeted societal interventions—have begun to crook the tide.

Among the notable gains highlighted were: “GDP growth: 4.23% successful Q2 2025, compared to 3.48% successful Q2 2024, External reserves: Now astatine $42 billion, boosting capitalist confidence, and stabilising the Naira.

“Inflation: Six consecutive months of decline, with projections for single-digit levels by 2026, Agriculture: 2.82% growth, supported by mechanisation and the National Agricultural Development Fund.

“Industry: 7.45% expansion, reflecting renewed manufacturing and mining activity, Trade: Manufactured exports up 173% successful Q2 2025, with a 44.3% emergence successful commercialized surplus.

“Infrastructure: Ongoing operation of 13 large roads, the Lagos-Calabar Coastal Highway, and the $3.02 cardinal Port Harcourt–Maiduguri Rail Line, Social protection: Over N330 cardinal disbursed to 8.1 cardinal households, and much than N80 cardinal successful acquisition loans to 400,000 students.”

The radical said Nigeria’s aggregate GDP—now astatine N100.73 trillion, up from N84.48 trillion the erstwhile year—reflects “a tectonic displacement towards a much diversified and sustainable economy.”

Commending President Tinubu and his economical team, the Hope Alive Initiative besides endorsed the Poverty Exit Plan precocious unveiled by Vice President Kashim Shettima, which it described arsenic “a wide pathway to lifting 40–50 cardinal Nigerians retired of multidimensional poorness wrong the adjacent decade.”

The radical urged Nigerians to enactment the administration, debar distractions, and stay assured successful the country’s economical trajectory.

“Nigeria is not conscionable recovering—it is rising,” the connection added.