Reforms weakened Nigerians’ purchasing power but we’ll prioritise social investment programmes – Tinubu

President Bola Tinubu has assured that his administration will continue to prioritise the welfare of the poor and most vulnerable even as the economic reforms bear fruit.

A statement signed by the Special Adviser to the President on Information & Strategy, Bayo Onanuga, said that Mr Tinubu stated this on Wednesday night in Rio de Janeiro, Brazil, when the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, paid him a courtesy call on the sidelines of the G20 Leaders’ Summit.

While acknowledging that the reforms had weakened Nigerians’ purchasing power, President Tinubu said his administration will continue to provide social safety nets to cushion the unintended consequences.