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Senator Abubakar Bagudu says Nigeria’s reform agenda is starting to show impact despite early doubts

Published on by Sentinel Digest Editorial

Senator Abubakar Bagudu says Nigeria’s reform agenda is starting to show impact despite early doubts
Senator Abubakar Bagudu says Nigeria’s reform agenda is starting to show impact despite early doubts

Speaking at the 2026 World Bank/IMF Annual Meetings in Bangkok, Nigeria’s Minister of Budget and Economic Planning, Senator Abubakar Bagudu, said the country’s economic reforms are beginning to bear fruit. He praised President Bola Tinubu’s resolve and urged tighter fiscal‑monetary coordination to sustain growth.

Senator Abubakar Bagudu, Nigeria’s Minister of Budget and Economic Planning, told reporters at the 2026 World Bank/IMF Annual Meetings in Bangkok on Saturday that the nation’s reform programme is now delivering measurable results, despite earlier scepticism about its viability.

He lauded President [Bola Tinubu](https://en.wikipedia.org/wiki/Bola_Tinubu) for providing the political determination needed to push the reforms forward, and expressed confidence that continued effort would translate into higher growth rates.

**Why is policy coordination crucial?**

Bagudu stressed that aligning fiscal policy with monetary actions is essential to lock in the early gains and meet the economic targets set for the country. He warned that without such synergy, progress could stall.

He reflected on lessons learned from previous years, noting that past experiences have equipped policymakers with better tools to tackle Nigeria’s structural challenges and improve the execution of government programmes.

**How will collaboration shape the 2030 agenda?**

According to the minister, deeper cooperation among ministries, agencies and the Central Bank will reinforce the drive toward the objectives outlined by Tinubu for 2030, including diversification and job creation.

Bagudu also voiced optimism about Nigeria’s standing on the global stage, citing growing confidence among investors and partners in the nation’s governance, transparency and economic management.

He commended the work of the Minister of Finance and Coordinating Minister of the Economy, [Taiwo Oyedele](https://en.wikipedia.org/wiki/Taiwo_Oyedele), along with other officials who have been instrumental in steering the reform process.

Describing Tinubu as a visionary leader, Bagudu said the president’s decisions demonstrate courage and a steadfast commitment to national development.

Finally, the minister urged all government officials and stakeholders to maintain the spirit of cooperation, emphasizing the need to consolidate existing achievements and keep Nigeria on a trajectory of sustained economic growth.

Topics: #Bola Tinubu #Budget and Economic Planning #Nigeria #Taiwo Oyedele #World Bank IMF #economic reforms

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