Tag: Yusuf Maitama Tuggar

  • Nigeria made bold, inclusive statement at UNGA, says Tuggar

    Nigeria made bold, inclusive statement at UNGA, says Tuggar

    Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, said Nigeria  made a bold and  inclusive statement at the 80th United Nations General Assembly.

    The Vice President Kashim Shettima represented President Bola Ahmed Tinubu at the global event in New York, U.S.

     Tuggar in his analysis of the country’s position said it is both “forward-looking and deeply rooted in Africa’s realities.”

     The minister, in a statement by his media aide, Alkasim Abdulkadir, said the address struck the right balance between national priorities and regional obligations, while positioning Nigeria as a strong advocate for fairness, reform, and inclusivity on the global stage.

     “The statement was inspiring, but also sobering—it reminded the world that Africa, and particularly West Africa, is not just a recipient of global decisions but an active shaper of them. By calling for UN reform and demanding equitable representation, Nigeria once again affirmed that Africa’s voice must be heard where decisions affecting humanity are taken,” Tuggar said.

     On peace and security, Tuggar praised the emphasis on shared responsibility, noting that Nigeria and its ECOWAS partners continue to stand at the frontline of efforts to stabilise the Lake Chad Basin and the Sahel. He added that Nigeria’s enduring role in peacekeeping demonstrates the country’s dual position as both “a guarantor of peace for others and a defender of peace at home.”

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     Highlighting the economic dimensions of the national statement, the Minister observed that the call for a new financial architecture, debt justice, and local industrialization is in line with Africa’s aspirations under ECOWAS and AfCFTA.

     “Nigeria is insisting that our minerals, our agriculture, and our human capital must serve our people first. This is the essence of economic diplomacy, and it is central to President Tinubu’s Renewed Hope Agenda,” Tuggar remarked.

     On climate change and digital inclusion, Tuggar stressed that the solutions outlined in the statement are practical and people-focused, with clear benefits for vulnerable communities, women, and youth.

     Concluding, the minister said the national statement should be seen as “a sub-regional call to action.”

     “Nigeria has once again reminded the world that no country is safe until all are safe, and no region can prosper unless all its people are included. ECOWAS and the African Union remain our natural partners in ensuring that diplomacy delivers tangible results for our citizens,” he declared.

  • Nigeria made bold, inclusive statement at UNGA, says Tuggar

    Nigeria made bold, inclusive statement at UNGA, says Tuggar

    Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has said Nigeria delivered a bold and inclusive statement at the 80th United Nations General Assembly (UNGA) in New York, where Vice President Kashim Shettima represented President Bola Ahmed Tinubu.

    Tuggar described Nigeria’s position as both “forward-looking and deeply rooted in Africa’s realities.”

    In a statement issued by his media aide, Alkasim Abdulkadir, the minister noted that the address struck the right balance between national priorities and regional obligations, positioning Nigeria as a strong advocate for fairness, reform, and inclusivity on the global stage.

    “The statement was inspiring, but also sobering—it reminded the world that Africa, and particularly West Africa, is not just a recipient of global decisions but an active shaper of them. By calling for UN reform and demanding equitable representation, Nigeria once again affirmed that Africa’s voice must be heard where decisions affecting humanity are taken,” Tuggar said.

    On peace and security, Tuggar praised the emphasis on shared responsibility, noting that Nigeria and its ECOWAS partners continue to stand at the frontline of efforts to stabilize the Lake Chad Basin and the Sahel. 

    He added that Nigeria’s enduring role in peacekeeping demonstrates the country’s dual position as both “a guarantor of peace for others and a defender of peace at home.”

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    Highlighting the economic dimensions of the national statement, the Minister observed that the call for a new financial architecture, debt justice, and local industrialization is in line with Africa’s aspirations under ECOWAS and AfCFTA.

    “Nigeria is insisting that our minerals, our agriculture, and our human capital must serve our people first. This is the essence of economic diplomacy, and it is central to President Tinubu’s Renewed Hope Agenda,” Tuggar remarked.

    On climate change and digital inclusion, Tuggar stressed that the solutions outlined in the statement are practical and people-focused, with clear benefits for vulnerable communities, women, and youth.

    Concluding, the Foreign Minister said the national statement should be seen as “a sub-regional call to action.”

    “Nigeria has once again reminded the world that no country is safe until all are safe, and no region can prosper unless all its people are included. ECOWAS and the African Union remain our natural partners in ensuring that diplomacy delivers tangible results for our citizens,” he declared.

  • Tuggar,  Odumegwu-Ojukwu praise Falcons’ resilience in 10th WAFCON Win

    Tuggar,  Odumegwu-Ojukwu praise Falcons’ resilience in 10th WAFCON Win

    Nigeria’s Ministers  of Foreign Affairs, Amb. Yusuf Maitama Tuggar and Amb. Bianca Odumegwu-Ojukwu hailed the Super Falcon resilience in the Saturday historic 10th triumph at the Women’s Africa Cup of Nations (WAFCON).

    The Super Falcons came from a two goal down to defeat the host, Morocco by three goals to two, in what seems to be the biggest comeback ever in the tournament’s history.

    In different congratulatory statements, both ministers said the victory is the result of purposeful leadership, sound management, and the unshakable spirit of Nigerian athletes.

    Tugga, according to the statement issued by his media aide, Alkasim Abdulkadir, lauded the Falcons for their resilience, discipline, and unyielding spirit, describing them as “true ambassadors of Nigerian excellence on the global stage.

    “The Super Falcons have once again shown what it means to represent Nigeria with pride and purpose. Their determination, unity, and consistency reflect the values we hold dear as a nation,” Tuggar said.

    He further commended President Bola Ahmed Tinubu for his steadfast support for sports development in Nigeria, as well as Mr. Shehu Dikko and the leadership and management of the Nigeria Football Federation (NFF) for their strategic guidance and commitment to excellence in women’s football.

    “This victory is the result of purposeful leadership, sound management, and the unshakable spirit of Nigerian athletes. I congratulate President Tinubu, Mr. Shehu Dikko, and the entire NFF family for creating the enabling environment for this triumph,” he added.

    Ambassador Tuggar also noted that the team’s success not only brings immense pride to Nigeria but also serves as an inspiration to young girls across Africa, proving that excellence knows no gender.

    He reaffirmed the Ministry’s commitment to supporting Nigeria’s soft power through sports diplomacy and international representation.

     “Their victory is not only a sporting achievement but a diplomatic symbol of Nigeria’s strength, unity, and global presence,” he stated.

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    Their hard-fought 3–2 victory over Morocco in the final further cements their status as Africa’s most decorated and successful women’s football team.

    Adding her voice, Odumegwu-Ojukwu in a statement signed by her media aide, Mr. Magnus Eze insisted that Nigeria’s all-conquering female team, the Super Falcons, are the nation’s strongest ambassadors.

    The Minister had before the match made a viral video encouraging the team to go all out and bring the trophy home. In the morale-booster message, she declared them formidable, indisputable and strongest ambassadors of the nation.

    The Super Falcons became the first African team in history to clinch the title for a record 10th  time.

    “You have once again made us proud. You didn’t allow the setback of the first half to weigh you down. Fired by the typical Nigerian spirit, you came into the second stanza of the game and stamped your authority in every department, dominated it, not minding the vociferous supporters of the host opponents. With your fantastic and stunning performance, you silenced the crowd.

    “Truth is that you clearly displayed the heart of true champions; exceptional character-discipline, resilience, unity of purpose and the mission was emphatically accomplished to the consternation of the host.

  • Bauchi 2027: Tough battle ahead for Foreign Minister Tuggar

    Bauchi 2027: Tough battle ahead for Foreign Minister Tuggar

    As the 2027 elections draw near, Foreign Affairs Minister Ambassador Yusuf Maitama Tuggar is being considered as a potential governorship contender in Bauchi State. Though he brings national and international experience, some observers argue that the 58-year old diplomat lacks strong local ties and grassroots support. With other aspirants gaining ground, Tuggar could face an uphill task in a race that’s already heating up. DAVID ADENUGA reports.

    Several politicians in Bauchi are already showing interest in the 2027 governorship contest—some publicly, others quietly. Among those testing the waters behind the scenes is Tuggar. He is not new to Bauchi politics and remains a possible contender, although it’s still unclear if he’ll join the race once the political tempo increases.

    Tuggar is no stranger to ambition. He previously ran for governor under the now-defunct Congress for Progressive Change, CPC. He was also a member of the Nigerian House of Representatives, representing Gamawa from 2007 to 2011, and made two attempts to run for Governor of Bauchi State.

    He once ran against former Governor Isa Yuguda in the 2011 governorship election. Yuguda, then his political mentor, won convincingly with 771,503 votes. Tuggar, representing CPC, came second with 238,462 votes.

    Despite his political history, insiders believe Tuggar who hails from Gamawa Local Government Area may face major hurdles. First, some perceive him as difficult to work with. Second, they say he’s disconnected from the grassroots.

    Some political analyst in the state says  that he rarely visits Bauchi outside election seasons and has little engagement with locals or fellow politicians.

    His strained relationship with Governor Bala Mohammed is also believed to have complicated things. Though Bala is in the opposition party,  the People Democratic Party, PDP,  he controls the state’s machinery and commands loyalty.

    “Tuggar will struggle in a PDP-controlled Bauchi,” one political analyst who spoke anonymously noted.

    Both  Tuggar and Bala Mohammed  began their political journey in 2007 under Yuguda’s mentorship. They later joined different parties but remained friendly and respectful. Bala rose to national prominence for his role in helping Goodluck Jonathan become president during a constitutional crisis as a Senator then. Tuggar aligned with Buhari and contested for governor.

    However, their relationship soured recently when Bala began criticizing President Tinubu’s government, especially on tax issues. Tuggar, a minister under Tinubu, fired back, accusing Bala of using federal failures to mask his shortcomings. Bala’s government dismissed Tuggar’s reaction as political noise.

    The rift peaked at a wedding attended by high-profile guests, including the Vice President. Bala reportedly confronted Tuggar on the way there, leading to a public spat between the duo.

    The Deputy Governor, Auwal Jatau allegedly had to be restrained from physically attacking Tuggar. Afterwards, the minister refused to return to Government House with the group.

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    Sources say the clash was about campaign visibility. Bala accused Tuggar of starting campaigns too early. Tuggar, in turn, questioned Bala’s constant political activities.

    Despite once supporting Bala, it’s believed that Tuggar may not receive the same backing now, making Bala a key obstacle in his path.

    Within the All Progressive Congress,APC , Tuggar is also expected to face strong rivals like Senator Shehu Buba representing Bauchi South district and Health Minister Prof. Ali Pate. Pate is believed to have major support, including from President Tinubu, and backing from global figures like Bill Gates and Aliko Dangote. These connections could boost his chances of securing the party ticket.

    Though Tuggar has more experience than Pate, many see Pate as friendlier and more popular with the people. Tuggar is viewed as distant, and lacking the kind of network-building necessary for electoral success.

    There are also insinuations in some quarters that Governor Bala is  mending ties with the Tinubu administration, possibly to avoid post-tenure political risks.

    There are even speculations that he might defect to the APC. If Bala supports Pate, Tuggar could find himself isolated, despite his earlier start in politics.

    “Tuggar’s political struggle boils down to two issues,” one observer said. “He’s seen as  inflexible, unwilling to compromise or listen. And he’s not close to the people. He rarely visits or connects with grassroots politicians except during elections.”

    The source continued: “As long as Bala is governor, Tuggar will have a tough time. The state’s political structure and security apparatus are under Bala’s control. With such influence, it won’t be easy for Tuggar to push his ambition.”

    “In addition to this, competition within the APC is stiff. Senator Buba and Prof. Pate are strong contenders. Pate, especially, is said to be Tinubu’s preferred candidate. His ties to international leaders, and Tinubu’s recent honour to Bill Gates, suggest he is being groomed for a bigger role.”

    “There is  speculation that Governor Bala may switch to APC under pressure or to avoid future persecution. If he defects and backs Pate, it could further weaken Tuggar’s position. In Nigerian politics, party shifts are common, and loyalty is often fluid.”

    “While Bauchi Central has never produced a governor, Pate may change that. He has the funds, federal backing, and international connections. However, he must spend wisely and build strong local support. Money alone won’t win an election—it must be used strategically.”

    “In Nigeria, politics is driven by money and relationships. Tuggar may have the experience, but without public goodwill and grassroots backing, he could struggle. Unless he changes his strategy and builds alliances, 2027 may be a steep climb.”

    “Though Tuggar entered politics before Pate and holds more experience, his image and people skills are lacking,” said another political analyst.

    “In politics, connection with people is vital. If you appear cold or unapproachable, your expertise won’t help.”

    Some say Tuggar has not leveraged his national positions to benefit Bauchi. Despite his status, he hasn’t attracted investments or jobs to his hometown, Gamawa. Critics point out the absence of federal job placements or empowerment programmes tied to his name.

    “One of Tuggar’s key advantages is his past as a lawmaker,” one source said. “He comes from a political family and has potential. But political power is about using your position to help others. You must show results that positively affect your community.”

    Critics argue that Tuggar has failed to build a visible political base or help strengthen the APC in Bauchi. His detachment raises concerns that if the party gives the ticket based on wealth instead of public appeal, it could lose the election.

     “As a senior cabinet member for nearly two years, he hasn’t made a major impact. Nigeria’s foreign policy hasn’t improved significantly under him. Instead, we’ve seen strained relations, especially with the Niger Republic.” a source said.

    “He hasn’t invested in his political future either. No empowerment programs. No support for those who could back him. And no real effort to grow the APC in Bauchi, which badly needs a revival to remain relevant.”

    “Interestingly, others with lower positions have done more for their communities. Many now believe buying delegates may not work this time. The APC must choose a candidate who can win beyond the primaries—a truly marketable option.” he added.

    “If the APC allows money to influence its choice and gives the ticket to Tuggar, it might cost them the election,” the source concluded.

    However, a loyalist to the Minister ,Bala Juwara, commended Tuggar’s political track record, describing him as well-suited for the role due to his distinguished service as a former member of the House of Representatives, Ambassador, and currently a minister.

    “We are confident in Tuggar’s capacity to lead. He has served all segments of Bauchi State commendably, even though he hails from the North Senatorial Zone,” Juwara said, urging members to intensify grassroots mobilization efforts.

    Similarly, Former Bogoro local government chairperson Hon. Simon Taimako also endorsed Tuggar, applauding the group’s commitment to unity and inclusion and expressing confidence in Tuggar’s qualifications and leadership qualities.

    He reiterated the need for power rotation and described Tuggar as a unifying figure with broad support across the state.

    “We are convinced Ambassador Tuggar is the most qualified to lead Bauchi State in 2027. His political pedigree is unmatched,” Taimako concluded.

  • Tuggar seeks collaboration with China to deepen food security

    Tuggar seeks collaboration with China to deepen food security

    The Honourable Minister of Foreign Affairs, Amb. Yusuf Maitama Tuggar, OON, met with the Chinese Governor of Hunan Province, His Excellency Mao Weiming, in Changsha for high-level discussions aimed at deepening collaboration and establishing a friendship Province-State relationship between Nigeria and Hunan Province at both federal and sub-national levels.

    During the meeting, Tuggar conveyed President Bola Ahmed Tinubu’s deep commitment to agriculture and food security as pillars of Nigeria’s national stability. The discussions identified key areas for mutual cooperation, including seed technology improvement, agricultural processing, and enhanced provision of agricultural machinery.

    “Hunan has a profound historical heritage and a vibrant economy. The province is an important strategic region for Nigeria in developing its friendly relationship with China”, Amb Tuggar stated during the meeting. The minister further reiterated Nigeria’s willingness to strengthen communication and cooperation with Hunan in the fields of agriculture, infrastructure construction, culture, and tourism, as well as in the establishment of special economic zones. Tuggar also called for jointly advancing the full implementation of the outcomes achieved at the FOCAC Beijing Summit, so as to boost the everlasting friendship between the two countries.

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    Governor Mao Weiming stated that although Hunan and Nigeria are thousands of miles apart, both sides share a long history of friendly exchanges. In his words, “both Nigeria and Hunan Province have a good foundation and broad prospects for cooperation in agriculture, construction machinery, and other sectors”. He noted that from January to April of this year, the import and export volume between Hunan and Nigeria amounted to 220 million USD, of which imports from Nigeria increased by 92% year on year.

    The governor expressed the hope that both sides may jointly implement the outcomes of the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC), further deepening communication and exchanges. “Efforts should be made to actively build a collaboration that highlights economy and trade while ushering in prosperity in such fields as modern agriculture, infrastructure, healthcare and cultural tourism. We should promote alignment in resources, mutual integration of industries, and common development for mutual benefit, contributing to the China-Nigeria comprehensive strategic partnership”, Governor Mao added.

    Both parties also explored opportunities for Chinese investment in Nigeria’s agricultural value chain and industrial sectors, positioning Nigeria as a strategic gateway to the broader African market. Other focal points included technology transfer, cultural exchange, and skills development—underscoring a shared vision of sustainable growth and mutual prosperity.

  • Tuggar leads high-level working visit to UK for bilateral relations

    Tuggar leads high-level working visit to UK for bilateral relations

    Minister of Foreign Affairs of Nigeria, Ambassador Yusuf Maitama Tuggar, is leading a high-level working visit to the United Kingdom (UK) as part of efforts to strengthen diplomatic ties and enhance strategic cooperation across key sectors.

    According to a statement by the ministry’s spokesman, Kimiebi Imomotimi Ebienfa, the minister’s visit will deepen Nigeria-UK relations across multiple sectors, including trade, investment, technology, media, and academia.

    “The visit reflects Nigeria’s commitment to engaging global partners to drive economic growth, innovation and sustainable development.

    “This visit marks a pivotal moment in Nigeria’s foreign policy under President Bola Ahmed Tinubu’s leadership, reinforcing his administration’s economic diplomacy, strategic partnerships, and regional security cooperation agenda.

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    “Through this working visit, Nigeria aims to consolidate its longstanding relationship with the UK, explore new frontiers for economic growth, and reaffirm its commitment to regional peace and stability.

    “As Nigeria continues to engage proactively on the global stage, this visit underscores the country’s dedication to ensuring that diplomatic efforts translate into tangible benefits for national security, economic development, and the well-being of all Nigerians,” he stated.

    The minister while in the UK, according to his itinerary, will deliver a speech and participate in a discussion at Chatham House on Nigeria’s evolving foreign policy and global aspirations.

    “Attend a high-level roundtable on technology and trade at the House of Commons, where discussions will focus on Nigeria’s economic diversification, investment climate, and digital transformation.

  • Nigeria-India share many similarities, says Minister Tuggar

    Nigeria-India share many similarities, says Minister Tuggar

    Nigeria’s Minister for Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has highlighted the many similarities between Nigeria and India.

    Tuggar made the remark in his congratulatory message to India’s Foreign Minister, Dr. Subrahmanyam Jaishankar, on the occasion of India’s Republic Day anniversary celebration.

    The minister, according to a statement by Mr.Kimiebi Imomotimi Ebienfa, acting spokesperson, the Ministry of Foreign Affairs, said: “With the establishment of diplomatic relations decades ago, Nigeria and India have maintained strong ties and strategic partnerships in global affairs. 

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    “The two countries have witnessed a long history of cooperation and collaboration in various areas and have equally worked closely together on a range of initiatives aimed at enhancing political and economic prosperity. 

    “Both countries share certain similarities such as multi-religious, multi-lingual and multi-ethnicity societies. It is, therefore, a great honour to extend our very sincere wishes to you, the government, and the people of India, the largest democracy in the world, on the auspicious occasion of your Republic Day.

    “The government of Nigeria appreciates the excellent relations between our two countries and the efforts we are making to build on these firm foundations for the benefit of our people. We therefore wish the government and the people of the Republic of India, peace, prosperity, progress and Nigeria’s continuing friendship and support.”

  • Understanding Nigeria’s foreign policy under Tuggar

    Understanding Nigeria’s foreign policy under Tuggar

    Sir: Nothing tested the resilience of the 67 year old Nigeria’s foreign policy and the competence, foresight and understanding of Nigeria’s foreign policy objectives by the minister of foreign affairs, Yusuf Maitama Tuggar than the unconstitutional change of government in Niger Republic, the formation of Alliance of Sahel States, AES, and the accompanying provocative attitude of the military junta towards Nigeria.

    It is not by chance Nigeria was able to navigate, and manage the diplomatic squabble with Niger military junta, Burkina Faso and Mali as well. The pertinent question to ask is: what is the secret, and the magic, Nigeria used to tackle the blackmail, the threats and the insidious propaganda of the AES?

    This answer could be found in the article by Nigeria’s Foreign Minister, Ambassador Yusuf Maitama Tuggar titled “Foreign Policy and the Path to Peace in a Dangerous Neighbourhood”. That article is an eye opener to anyone who is interested in understanding Nigeria’s foreign policy objectives.

    One of objective is – “Promotion of international law and treaty obligations “. Thus the role Nigeria played in sanctioning the military junta of Niger Republic for instance, falls under this objective. 

    The minister was careful to remind us: “The constitution (also) makes clear why any responsible Nigerian government should be concerned when neighbours are governed without a constitution or codified rules”. The implication of this is that constitutionally, it is incumbent upon Nigeria as a member of ECOWAS to respect and promote ECOWAS’ treaties and protocols and other international laws.

    The core message of the minister is that Nigeria’s foreign policy is anchored on constitution, rule of law and democracy. While Nigeria respects ECOWAS’s protocol of free movement of persons, Niger Republic, in 2015, for example, went ahead to promulgate a law on migration which violates the same protocol. Is it not a sufficient evidence to show who is a respecter of law, and who is not?

     On the use of diplomacy and other democratic approaches, the minister highlighted in his write-up, what the government has done to address issues with Niger junta and other members of AES.

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    Yet some critics have continued to justify the obstinacy and uncooperative attitude from the junta on the premise of sanctions earlier imposed on the power usurpers. At the same time, these rabble-rousers have refused to acknowledge gestures and olive branch extended to the junta.

    Another key point of the minister’s article is the “Strategic Autonomy” as the cornerstone of Tinubu administration’s foreign policy. Nigeria has the right, and is entitled to engage with any nation without being told, guided or instructed by anyone. Nigeria has to work with the east and the west, and all major powers. Nigeria doesn’t discriminate in its foreign policy. Neither Niger Republic, nor any country should decide for us the countries we should associate with.

    Promotion of African integration and support for African unity has been a permanent feature of Nigeria’s foreign policy as rightly noted by the minister. Nigeria is a member of ECOWAS and AU both of which work round the clock towards integration, using gradualist approach.

    More importantly, the minister has reminded those who are peddling baseless allegations against Nigeria that “Nigeria presently has troops on peace keeping operations in Guinea Bissau and Gambia. Nigeria is also leading the actualisation of the ECOWAS standby force, all in an effort to fight terrorism and instability within our region under the rule of law”.

    •Comrade Bishir Dauda Sabuwar,Unguwa Katsina,

  • Tuggar urges patience among Nigerians, says Tinubu’s reforms will ease economic challenges

    Tuggar urges patience among Nigerians, says Tinubu’s reforms will ease economic challenges

    The Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, has assured Nigerians that President Bola Ahmed Tinubu’s economic reforms are designed to alleviate the nation’s economic challenges.

    Speaking at a press briefing at his Tuggar Foundation office in Bauchi at the weekend, the Tuggar called on the public to remain patient with the ruling All Progressives Congress-led administration.

    He noted that the current economic challenges facing Nigeria are part of a global phenomenon, adding that similar difficulties are being experienced worldwide.

    Tuggar attributed Nigeria’s economic struggles to previous policies and external factors inherited by the Tinubu administration. 

    He linked the challenges to the 2008 global financial crisis and subsequent events, including the COVID-19 pandemic, which disrupted trade, movement, and livelihoods on a global scale.

    “The coronavirus pandemic closed borders, halted the movement of goods and services, and claimed many lives, which has had a lasting impact on the cost of living worldwide, including in Nigeria,” he explained.

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    The Minister further pointed to disruptions in Nigeria’s economy due to insufficient investment in expanding refinery capacities to meet the growing demand for petrol. 

    He discussed the nation’s reliance on petrol imports, noting that despite having four refineries, Nigeria has not upgraded their capacities to match the needs of its over 220 million citizens.

    He added that Nigeria’s decision to import more petrol coincided with rising global prices, which compounded the country’s economic challenges.

    Tuggar also addressed the challenges related to the exchange rate, which he said has been affected by subsidy policies that relied on  consumption over production. 

    He explained that under the previous system, Nigeria incurred significant financial losses as it relied on hard currency to subsidize petroleum imports.

    In light of these issues, Tuggar commended President Tinubu’s macroeconomic reforms, introduced in May 2023, which aim to eliminate subsidies on petrol imports and reform the exchange rate system to prevent arbitrary practices.

    The Minister noted that the reforms are essential for stabilizing the economy and alleviating the current hardships.

    He also expressed concern about cryptocurrency trading, revealing that some traders were using cryptocurrencies for money laundering and to evade regulations which  has led the administration to take action, arresting individuals involved in such activities.

    Maitama Tuggar concluded by urging Nigerians to be patient, assuring them that while the current reforms are challenging, there is hope for a brighter future. 

    He reaffirmed the administration’s commitment to guiding the country through the difficult times and creating a more stable economic environment for all Nigerians.