The Amalgamated Arewa Youth Group has expressed its approval of President Bola Tinubu’s economic reforms, calling them intentional and strategic moves aimed at national economic recovery.
This group, which includes youth organizations from the 19 northern states, the Federal Capital Territory, and the Northern diaspora, also expressed confidence in Finance Minister Wale Edun.
In a statement released on Monday and signed by its Convener, Abdul Ladduga, the group noted that recent economic indicators suggest that the reforms are starting to produce real results.
Ladduga highlighted that achieving the federal government’s revenue target for 2025 by August was a significant achievement, attributing it to better performance in the non-oil sector.
He stated that this progress reflects a stabilizing and increasingly predictable economy, supporting Tinubu’s claim that the country is heading in the right direction.
He emphasized that the removal of what he termed a “corrupt forex regime” has created a fair environment for genuine investors and entrepreneurs, eliminating the undue advantages previously held by those with political connections.
“The current foreign exchange system is a crucial overhaul of the system. No one is trading in mere paperwork anymore, and access to forex is no longer reliant on cronyism,” Ladduga remarked.
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The group expressed its backing for the Renewed Hope Agenda, asserting that the ongoing reforms are establishing a foundation for infrastructure development, healthcare enhancements, food security, and improved national security.
The AAYG characterized the Minister of Finance, Mr. Wale Edun, as the key architect and diligent implementer of these reforms, citing his technical skills and fiscal discipline as vital to the current economic transition.
“Edun’s leadership demonstrates that expertise and integrity in governance can yield significant results for the nation,” Ladduga stated.
The group criticized calls for Mr. Edun’s removal, labeling such demands as “premature, politically motivated, and detrimental to national interests.”
According to the group, those advocating for the minister’s resignation are individuals who benefited from the previous economic system and feel threatened by increased transparency and accountability.
The body provided several reasons for rejecting these calls, including their political motivations, lack of factual support, and potential to disrupt ongoing reforms.
Additionally, they alleged that former beneficiaries of the abolished fuel subsidy are regrouping and orchestrating smear campaigns against government officials to push for a reversal of the policy.
The group urged Nigerians to support the government’s initiatives and exercise patience, asserting that the long-term advantages of the current economic trajectory will benefit future generations.
