The Federal Government on Thursday said that it appreciated the endurance of Nigerians on side effects of economic reforms which according to it, have started yielding results.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated this during an interactive session with the Senate Committee on Finance.
According to him, teething problems from the reforms are over for Nigerians as positive indicators for better days are already emerging.
“The two critical reforms on market-based price of Premium Motor Spirit (PMS) and foreign exchange, are now at the stage of results delivery and by extension, viability of the Nation’s economy through restoration of fiscal viability,” he stated.
“These two pillars of the economic reforms that have taken positive shape now portends additional revenue for government, recovery of the finances of NNPCL and strong basis for growing the economy, in terms of attracting investment and creating of jobs.
“I think we need to commend Nigerians for staying the cause to this stage of getting benefits.”