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The Minister of Information and National Orientation, Mohammed Idris, has said that economic reforms introduced by President Bola Tinubu have prevented at least 27 states from sliding into financial collapse.
Idris remarked on Saturday while delivering a lecture at the 34th Convocation and 43rd Founders’ Day of the Federal University of Technology, Minna. His lecture focused on the role of young people in nation-building and ongoing national reforms.
According to the minister, many states were unable to meet basic financial obligations, including paying workers’ salaries, before Tinubu assumed office on May 29, 2023.
He added that the administration’s reforms significantly improved states’ revenues, enabling them to meet salary obligations, invest in infrastructure, and deliver public services.
“President Bola Tinubu traversed the length and breadth of this country during campaigns. He had plans to make Nigeria greater.
“Coming into power, he initiated reforms that have now saved those states from collapse.
“Now, states are getting three times what they used to get. They can now pay salaries, execute massive infrastructure projects and deliver dividends of democracy to their people.”
Idris further stated that the president had campaigned on a clear reform agenda and moved to implement it after taking office, adding that states now receive substantially higher allocations than in the past.
He noted that continuous reforms were essential to nation-building, arguing that economic stagnation would persist without deliberate efforts to correct past policy failures.
He also emphasised that the reforms have helped shield the country from deeper economic challenges.
