A former Chief Executive Officer of First Bank of Nigeria Limited, Dr. Adesola Adeduntan, on Thursday commended the economic policies of President Bola Tinubu’s administration, saying they have set the Nigerian economy on a rebound and are beginning to yield visible results.
Speaking on a live programme of the Broadcasting Corporation of Oyo State (BCOS) titled: Guest of the Month, Adeduntan said the government’s efforts to stabilise and stimulate growth are commendable, noting that recent economic indicators suggest an upward swing in productivity and investor confidence.
“There has been a rebound in the economy. One will lose his professionalism if he fails to state that the current government has done something on the economy. The economy is on the upward swing, and one cannot but acknowledge that the President and his team have done a yeoman’s job. The economy is coming back”, Adeduntan said.
He, however, stressed the need for sustained momentum and consistency in policy implementation to consolidate the gains recorded so far.
“The context is important. The timeline is important. I am aware that the government is working on the economy. To feel the impact, we need to double the growth.The government is getting involved in projects that create jobs.
“While the reforms have begun to reset the economy, it would take deliberate effort and continuity for the country to experience widespread improvement in living standards.
“The work is being done, you cannot fault it. The growth spur is stronger. What the government is doing is to reset the economy,” he said.
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