Tinubu Targets Economic Growth, Development in Osun, Says Minister

The Minister of Information and National Orientation, Alhaji Mohammed Idris, has said President Bola Tinubu is committed to transforming Osun State through targeted investments in education, agriculture and health empowerment.

Idris stated this during a town hall meeting on the ‘Mid-term Achievements of President Bola Tinubu’s Administration’ in the South-west on Wednesday in Osogbo.

Represented by Mrs Isola Sola, the Head of the Federal Information Centre in the state, Idris said that education, healthcare and agriculture were part of the core pillars of Tinubu’s campaign promises.

The minister said that these three key areas had continued to shape Tinubu’s administration policies and actions since assuming office.

“Agriculture has been a strategic focus of the administration aimed at ensuring good security and empowering rural communities.

“The Federal Government is making efforts to ensure the development of rural and urban infrastructure, such as feeder roads and small-scale bridges.

“Support for agriculture is to increase food production and empowerment, and provision of credit facilities to SMEs, similarly entrepreneurship and supporting local economies,” he said.

Idris said that in the area of healthcare, the Federal Government, through the National Primary Health Care Development Agency (NPHCD), is partnering with the state government to upgrade six Primary Healthcare Centres to provide 24-hour services.

“In the last two years, PHC has been scaled to improve service delivery, while vulnerable populations, notably pensioners and persons with disabilities, have been enrolled in the state’s health insurance scheme.

“All these are done to ensure that Osun people can have access to healthcare when the need arises in expanding healthcare,” he said.

Idris said that the various support of the Federal Government had assisted the state to win $500,000 as the best-performing state in universal health coverage.

He added that all public and federal tertiary institutions in the state had benefited from the Nigerian Education Loan Fund (NELFUND). (NAN)

The post Tinubu Targets Economic Growth, Development in Osun, Says Minister appeared first on THISDAYLIVE.

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    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    James Emejo in Abuja

    The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in recent times.

    A day before, external reserves rose to $41 billion from $40.96 billion on August 18, 2025, showing less volatility over the past one month.

    Compared to about $40 billion, announced by the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, as at July 18, external reserves had increased by about 2.62 per cent to date.

    The current movement in reserves represented the highest level recorded since December 3, 2021, and has continued to maintain the upward trajectory in recent weeks.

    Essentially, FX reserve movements are particularly crucial for economic stability, currency strength, import capacity, debt management, and overall investor confidence. Changes in the reserves could signal economic stress or health.

    Amid huge debt service obligations, and revenue challenges, the stability in external reserves movement, coupled with a marked deceleration in inflation rate as well as Naira’s relative stability offer renewed hope for the country about better days ahead.

    The development further attests to the position of the central bank’s management team that monetary policy actions have so far headed in the right direction.

    During the last MPC meeting in July, Cardoso had attested to the sustained stability in the foreign exchange market, accentuated by improved capital flows, earnings from increased crude oil production, rising non-oil exports and significant reduction in aggregate imports.

    He said, “That clearly is a reflection of the way that the international investors view the banking system, and I was again very privileged to have a conversation with a good number of them about three or four weeks before this listing took place.

    “And really and truly, a lot of interest, I must say, a lot of interest internationally, on putting money on the Nigerian financial system.

    “The key thing is that we as regulators will continue to play our part to ensure that the system and the players and the actors continue to do what we are doing, creating resilience, creating buffer, and, of course, playing by the rules, because that is so important for those who are looking to invest that they can believe and they trust in you.”

    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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    James Emejo in Abuja The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in
    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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