A Special Adviser to President Bola Ahmed Tinubu on Media and Policy Communication, Daniel Bwala, says Nigeria’s large population has made it difficult for Nigerians to feel the impact of the economic reforms embarked upon by the Tinubu administration.
Speaking during an interview on ARISE News on Tuesday, June 2, Bwala said the federal government’s available resources, despite increased revenue generation, remain inadequate to address the needs of more than 230 million Nigerians and close longstanding infrastructure gaps.
According to him, the scale of Nigeria’s population means that the benefits of ongoing reforms will take time to be fully felt by citizens.
“The answer is simply population and resources. The population is over 230 million. The resources we have, however, even with the increased revenue, are not enough to match the population and the deficit in terms of infrastructure. So, growth will inevitably be slow, but it will be slow, steady, and consistent,” he said
Bwala argued that the effects of the government’s economic policies are already visible through increased allocations to state governments, which he said have improved governance and development projects across the country.
“When you talk about the increased revenue, the effect of that increased revenue is the higher allocation to states, which has resulted in state administration improvements and has also impacted the people,” he stated.