The Minister of Budget and Economic Planning, Abubakar Bagudu, has called on the United Nations (UN) to show more deliberate support for Nigeria’s ongoing economic reforms.
Bagudu noted that such support would encourage other nations to make similar adjustments necessary for sustainable growth and development.
Bagudu made this appeal during a courtesy visit by the Deputy Director-General of the United Nations Industrial Development Organisation (UNIDO), Fatou Haidara, in Abuja yesterday.
Despite the substantial economic reforms introduced by President Bola Tinubu’s administration aimed at revitalising Nigeria’s economy, Bagudu expressed disappointment over the UN’s slow response in backing these initiatives.
“Over the past year, Nigeria has undertaken what we consider very bold and courageous reforms, almost at risk to our leadership. But we don’t think the system, particularly the United Nations system, has responded fast enough,” Bagudu stated.
“We feel that we are missing maybe an element which will encourage other countries to embark on reforms if they don’t see the support,” he said.