By Seyi Odewale
A chieftain of the All Progressives Congress (APC) in Osun State, Olatunbosun Oyintiloye, has said various economic policies of President Bola Tinubu will yield positive results in 2025.
Oyintiloye, a member of the defunct APC Presidential Campaign Council (PCC), while speaking with journalists yesterday in Osogbo, said that the challenges the policies had caused would soon fizzle out.
He said those bold steps towards unavoidable economic reform had already started yielding positive results, predicting that Nigerians would feel the full impacts in 2025.
Oyintiloye commended Nigerians for their patience amidst the rise in the cost of living and said that 2025 would be a year of positive harvest for the Tinubu-led government’s economic policies.
He admitted that Nigeria is currently navigating significant economic changes prompted by President Tinubu’s series of bold reforms.
He also said in response to Nigeria’s escalating economic challenges, Tinubu approved a $2.25bn injection into the economy.
“This funding, sourced from the World Bank, aims to enhance revenue and support economic reforms amid the severe cost-of-living crisis. This urgent financial assistance is intended to revive the economy quickly as part of a rapid stabilization and development strategy.
“The funds are specifically targeted at reducing interest rates in key sectors and providing credit lines to support small, medium-sized, and large businesses.
“The reward of the removal of petrol subsidy and the floating of the naira, which caused temporary discomfort for Nigerians in the outgoing year, would put smiles on their faces in 2025,” Oyintiloye said.
He further explained that the recent reduction in the petrol pump price was a positive signal that the economic outlook for 2025 would be positive.
He added that, given the positive indicators from other sectors of the economy, Nigerians will have reasons to celebrate in 2025.
The ex-lawmaker also said, “Presently, President Tinubu’s economic reforms have triggered a dramatic surge in revenue allocation from the federation accounts to various states, which allows them to deliver enormous developmental stride to Nigerians.
“Nigerians should be assured that we will surely see even more of the positive outcomes of the President’s reforms in infrastructure, agriculture, security, healthcare, education, creative and digital economy and many other areas.”
He urged Nigerians to continue to support, cooperate, and pray for the President for needed wisdom to achieve economic prosperity for the country.
He said Nigerians had sacrificed a lot in the outgoing year and should be ready to get the rewards in the coming year.
