In light of Nigeria’s cost of living crisis, Minister of Budget and National Planning, Atiku Bagudu, has urged families to engage in honest discussions about managing their resources for essential needs.
He emphasized the need for Nigerians to acknowledge that the country is not as affluent as they may have believed.
Bagudu made these remarks on Wednesday in Abuja following a meeting between Federal Government representatives and leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC).
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He asserted that the Bola Tinubu administration has made significant decisions, leading to improved funding for state and local governments.
He said, “Tough decisions might come with some challenges but we are dealing with them.
“When you are undertaking reforms, it is to stay the course and the benefits will follow.
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“Most of the measures taken have begun to yield to a greater level of investment.
“We believe we have stopped the decline, we are not what we want to be. Let us confront our realities, let us tell ourselves that we are not as rich as we thought we were. So that everyone can mobilise, whether at the family level or the national level. Frank discussions can help mobilise everyone to greater action.”
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