Governor Hope Uzodimma of Imo State and the Minister of Budget and Economic Planning, Senator Abubakar Bagudu, have assured members of the diplomatic community that the economic reforms introduced by President Bola Ahmed Tinubu are gradually stabilising and repositioning Nigeria’s economy.

The duo made the remarks during a high-level engagement with diplomats and development partners in Abuja, where they highlighted the impact of the administration’s ongoing fiscal and economic policies.

Uzodimma said the Tinubu administration took bold decisions to address longstanding structural challenges affecting the nation’s economy, stressing that the reforms were already restoring investor confidence and improving macroeconomic stability.

According to him, the government’s Renewed Hope agenda is focused on creating a resilient economy capable of attracting investment, boosting productivity, and improving the living conditions of Nigerians.

Bagudu, on his part, said the Federal Government remains committed to implementing policies that promote economic growth, fiscal discipline, and infrastructure development. He noted that reforms in the foreign exchange market, taxation, public finance, and the oil sector were beginning to yield measurable results.

The minister added that international financial institutions and development partners had acknowledged the direction of the reforms, expressing optimism about Nigeria’s economic outlook.

Both officials called on the diplomatic community and foreign investors to deepen their engagement with Nigeria, assuring them of the government’s commitment to transparency, policy consistency, and sustainable development.

They maintained that despite temporary challenges associated with the reforms, the policies were necessary to secure long-term economic stability and national prosperity.