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Why There Is Reason To Be Hopeful As A Nigerian – Murray-Bruce

Why There Is Reason To Be Hopeful As A Nigerian – Murray-Bruce

Faith Joseph by Faith Joseph
January 11, 2024
in News
Reading Time: 1 min read
Why There Is Reason To Be Hopeful As A Nigerian – Murray-Bruce
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A former Bayelsa East Senator, Ben Murray-Bruce, has said there is a reason to be hopeful as a Nigerian following the economic stability and growth in the last few days.

In a post via his verified X (formerly Twitter) handle on Monday, the former Senator said the Naira is gaining value, and the flotation of the Nigerian currency by the Central Bank of Nigeria (CBN) is succeeding.

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The chieftain of the Peoples Democratic Party (PDP) also stated that the economy is attracting foreign direct investment again, and commercial banks are declaring record profits.

Senator Murray-Bruce, however, called on the Bola Tinubu administration to ensure that the economic gains in the last few days trickle down to ordinary Nigerians.

He wrote: “The Naira is gaining value. Flotation is succeeding. Fitch Ratings has affirmed that our economy is stable and growing. Our GDP is rated by Fitch and Standard and Poor’s to Brie by over 3%.

“The reforms are working. Nigeria’s economy is attracting foreign direct investment again. Our banks are declaring record profits. Things are looking up. Now, the Tinubu administration has to ensure that these gains trickle down to ordinary Nigerians.

And policies like the ₦35,000 wage support and the introduction of CNG are a step in the right direction. There is reason to be hopeful as a Nigerian. God bless the Federal Republic of Nigeria.”

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