Murray-Bruce Finds Cause for Hope in Nigeria
Former Bayelsa East Senator, Ben Murray-Bruce, expressed optimism about the recent economic stability and growth in Nigeria. In a post on his verified social media handle, he highlighted positive developments, including the strengthening of the Naira and the success of the Central Bank of Nigeria's (CBN) currency flotation.
Murray-Bruce, a chieftain of the Peoples Democratic Party (PDP), also noted that the economy is regaining foreign direct investment, and commercial banks are reporting record profits. Despite these positive signs, he called on the administration led by Bola Tinubu to ensure that the economic gains benefit ordinary Nigerians.
In his words, “The Naira is gaining value. Flotation is succeeding. Fitch Ratings has affirmed that our economy is stable and growing. Our GDP is rated by Fitch and Standard and Poor’s to Brie by over 3%. The reforms are working. Nigeria’s economy is attracting foreign direct investment again. Our banks are declaring record profits. Things are looking up."
He emphasized the need for policies like the ₦35,000 wage support and the introduction of Compressed Natural Gas (CNG), considering them steps in the right direction. Murray-Bruce concluded with a message of hope for Nigerians, stating, “There is reason to be hopeful as a Nigerian. God bless the Federal Republic of Nigeria.”
Leave A Comment