NewStats: 3,261,906 , 8,175,506 topics. Date: Friday, 30 May 2025 at 11:49 PM 74v3o

ABUJA — The British High Commissioner to Nigeria, Richard Montgomery, has praised President Bola Ahmed Tinubu’s economic reforms, describing them as “big and bold” initiatives that have transformed Nigeria into a more attractive destination for investors.

Speaking at a press briefing in Abuja on Wednesday, Montgomery acknowledged that the UK’s interest in Nigeria is growing, citing the positive impact of recent economic policies.

“I’ve been very public previously about commending the big and bold economic reforms being taken by His Excellency, President Bola Ahmed Tinubu,” Montgomery stated.

Highlighting key policy changes, he pointed to the abolition of fuel subsidies and the unification of the exchange rate system as crucial steps toward economic stability.

According to him, these measures are already yielding results, positioning Nigeria as a more “investible” nation.

“My headline this morning is that these economic reforms are paying off, and they are now making Nigeria more investible,” he added.

Montgomery, however, acknowledged the economic strain on Nigerians due to rising inflation, currently hovering in the mid-20 percent range. He noted that while the reforms are transformative, their benefits might take time to materialize fully.

“I realise that some of these reforms for ordinary people are painful. Inflation is still high, it’s in the 20 percent territory, the mid-20s. And it’s going to take time to bring that rate down,” he remarked.

Despite the current economic challenges, the High Commissioner expressed optimism, predicting that inflation rates would begin to ease over the coming months and years, further solidifying Nigeria’s position as an attractive investment hub.

Nlfpmod

https://www.vanguardngr.com/2025/05/tinubus-economic-reforms-making-nigeria-more-investible-uk-envoy/

The onitiators of this hunger induced reform have spoken.

Useless High Commissioner

What else is he expected to say as a diplomat ?

..Nigerians..what Thief'nubu's policies did is to re-sell Nigerian' resources, blessings, assets to the colonial masters for cheap..

..the Fall of the naira..also means high foreign currencies value..they just buy Nigeria with some little amount of high valued dollars...

..the reason the British envoy is smiling & happy..it favours US, Europe..an equllibrum point has been attained..the law of diminishing Returns hold sway in Europe & America..

..whatever policies Thief'nubu is under taking..will only benefit colonial masters more including the local elites...which Thief'nubu is just part of...

..Investments in simple means buying off..if you have the high valued foreign currencies..but now you buy them extremely cheap...

..Nigerians.. suffer ehhh...it is only super rich & super poor..Nigeria has entered...

..dem hold Thief'nubu for blokos..Real tight..Thief'nubu is enjoying the stolen mandate..so he must play Ball.. or else...Chicago Narcotics..will be everywhere...

hisgrace090:
The onitiators of this hunger induced reform have spoken.

They initiated nothing.

Nigeria decided voluntarily to restructure its economy.

Tinubu could easily have continued with borrowing $10 billion annually to pay for fuel subsidies, and left the dual exchange rate regime that led to arbitrage by companies meant to be producing stuff, and other companies fleeing altogether, leading to further debt and economic decline.

Instead we’ve stopped the subsidies, and even repaid billions of dollars in debt.

Just last week the World Bank announced that Nigeria is currently achieving its fastest economic growth in 10 years.

So nobody forced Nigeria to restructure. It was the smart thing to do.

Buhari didn’t do it because he was scared of the backlash, but Tinubu is a stronger leader.

I don't trust these British people. They only praise you if you are favoring them. They are happy as long as Nigeria is in a mess and our people are japaing to do dirty jobs and build their economy for them

Reflect7:


They initiated nothing.

Nigeria decided to restructure its economy.

Tinubu could easily have continued with borrowing $10 billion annually to pay for fuel subsidies, and left the dual exchange rate regime that led to arbitrage by companies meant to be producing stuff, and other companies fleeing altogether, leading to further debt and economic decline.

Instead we’ve stopped the subsidies, and even repaid billions of dollars in debt.

Just last week the World Bank announced that Nigeria is currently achieving its fastest economic growth in 10 years.

So nobody forced Nigeria to restructure. It was the smart thing to do.

Buhari didn’t do it because he was scared of the backlash, but Tinubu is a stronger leader.

Keep on deceiving yourself, E go reach your turn.

Reflect7:


They initiated nothing.

Nigeria decided voluntarily to restructure its economy.

Tinubu could easily have continued with borrowing $10 billion annually to pay for fuel subsidies, and left the dual exchange rate regime that led to arbitrage by companies meant to be producing stuff, and other companies fleeing altogether, leading to further debt and economic decline.

Instead we’ve stopped the subsidies, and even repaid billions of dollars in debt.

Just last week the World Bank announced that Nigeria is currently achieving its fastest economic growth in 10 years.

So nobody forced Nigeria to restructure. It was the smart thing to do.

Buhari didn’t do it because he was scared of the backlash, but Tinubu is a stronger leader.

Keep on deceiving yourself, E go reach your turn.

hisexcellency34:
I don't trust these British people. They only praise you if you are favoring them. They are happy as long as Nigeria is in a mess and our people are japaing to do dirty jobs and build their economy for them

But you would have trusted them if they’d said Nigeria was hopeless, with no way forward.

You’re pathetic.

Yes

They will never praise you if you are doing well for your people and you want to liberate them like Traore

Useless UK

Am not surprised.

ok

indemnityy:



Keep on deceiving yourself, E go reach your turn.

Your juniors are establishing tech startups in Yaba that are attracting millions of dollars of investment from Silicon Valley.

Others are moving into AI.

Sit in your cave abusing Tinubu while your juniors leave you behind.

Come and invest in the North East if u r certain of what u r saying

Hehe they are now praising a Tinubu and criticizing an Ibrahim Traore. That says alot

Tor we told them o, but them no wan gree!

Dem still want make government Dey subsidize fuel, Naira and electricity for them.

Even me I pay 2k for light for 1 month 🙈

Let’s be honest, who runs an economy like that ? Will investor invest their money in an economy where we pay less than 3 or 4k monthly for electricity?

It’s either we face the truth or remain in darkness.

You guys should brace up for electricity subsidy removal. Nigeria must grow!

People wey sabi don talk not all those 2 by 2 shop owners.

Nigeria is in a safe hand.

No vacancy in Aso Rock till 2031.

Seefinish:
Useless High Commissioner

Is he more useless or less useless than Akpabio who said that we should be looking for where to eat free food while they loot us silly instead of employing us and paying us well to provide government services, amenities and utilities?

Omicronvaccine:
Wherever You See Free Food, Eat It - Nigerian Senate President, Senator Akpabio Advises Nigerians


https://www.youtube.com/watch?v=fIdtxSZDQoY

That's a lie , if you invest with Dollars in the current Nigerian economy the chances of recovering your money is virtually non existent except it's an export based business like oil production

Reflect7:


They initiated nothing.

Nigeria decided voluntarily to restructure its economy.

Tinubu could easily have continued with borrowing $10 billion annually to pay for fuel subsidies, and left the dual exchange rate regime that led to arbitrage by companies meant to be producing stuff, and other companies fleeing altogether, leading to further debt and economic decline.

Instead we’ve stopped the subsidies, and even repaid billions of dollars in debt.

Just last week the World Bank announced that Nigeria is currently achieving its fastest economic growth in 10 years.

So nobody forced Nigeria to restructure. It was the smart thing to do.

Buhari didn’t do it because he was scared of the backlash, but Tinubu is a stronger leader.

God bless you and all other right thinking Nigerians. Some people would rather tell some ridiculous lies than accept Nigeria is on the right path.
The UK envoy is right, inflation will eventually come down and Nigerians can have an economy they can be proud of.

IMF, World Bank, UK, CIA continue to deceive Tinubu until he is booted out 2027

hisexcellency34:
They will never praise you if you are doing well for your people and you want to liberate them like Traore

Nigeria is not Burkina Faso, and needs no ‘liberation’ from anybody.

We control our resources. There were no French troops stationed here and stealing resources.

We don’t need a Traore. Or military rule. We’ve been there.

We need a good technocrat in office who knows his job and has vision.

That’s Tinubu.

Nawao.
I swear to God in heaven, I haven't eaten today. Not that I'm lazy but things are extremely hard for me now. The worst is, I don't have hope until month ends. I feel really frustrated cos the pains in my belle are too much

Enemies of our progress.

jojo1415:
Come and invest in the North East if u r certain of what u r saying

U should be in Traore's country.

Nothing is working in Burkina Faso.

If you like...let them scam you, pls don't disturb abike dabiri

cheap propaganda