{"id":160582,"date":"2025-04-28T10:38:50","date_gmt":"2025-04-28T09:38:50","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/tinubus-reforms-not-easy-delivering-results-cardoso"},"modified":"2025-04-28T19:14:53","modified_gmt":"2025-04-28T18:14:53","slug":"tinubus-reforms-not-easy-delivering-results-cardoso","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso","title":{"rendered":"Tinubu\u2019s reforms not easy, delivering results \u2013 Cardoso"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The governor of the Central Bank of Nigeria has said the reforms implemented by President Bola Ahmed Tinubu\u2019s government in the past eighteen months are not easy but are delivering results.<\/p>\n<p>This is according to Cardoso\u2019s excerpts released upon the closure of the 2025 IMF\/World Bank Spring Meetings in Washington, D.C., in the US.<\/p>\n<p>He explained that Nigeria\u2019s delegation attended the meetings to showcase economic reforms under President Bola Tinubu\u2019s administration.<\/p>\n<p>\u201cThanks to the steps taken over the past 18 months, we have strengthened our monetary buffers and positioned Nigeria to better withstand external shocks,\u201d Cardoso said.<\/p>\n<p>\u201cTo all Nigerians: these reforms are not easy, but they are delivering results. We have moved from a position of vulnerability towards one of growing strength, and our economic trajectory is beginning to turn positive\u201d, he added.<\/p>\n<p>DAILY POST recalls The Tinubu government rolled out several policies, including liberalisation of the foreign exchange market and fuel subsidy removal in 2023.<\/p>\n<p>Cardoso introduced FX code, the Electronic Foreign Exchange System (EFEMS), and recapitalization of the financial system, among other reforms.<\/p>\n<p>While the reforms under Cardoso remain noteworthy, Nigeria\u2019s inflation dropped to 23.18 percent in March, and the interest rate stood at 27.50 percent in February 2025 amidst the rising cost of living in Nigeria.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The governor of the Central Bank of Nigeria has said the reforms implemented by President Bola Ahmed Tinubu\u2019s government in the past eighteen months are not easy but are delivering results. This is according to Cardoso\u2019s excerpts released upon the closure of the 2025 IMF\/World Bank Spring Meetings in Washington, D.C., in [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":160581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[11494,254,945],"class_list":["post-160582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-cardoso","tag-nigeria","tag-tinubu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tinubu\u2019s reforms not easy, delivering results \u2013 Cardoso - Nigeria<\/title>\n<meta name=\"description\" content=\"The governor of the Central Bank of Nigeria has said the reforms implemented by President Bola Ahmed Tinubu\u2019s government ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tinubu\u2019s reforms not easy, delivering results \u2013 Cardoso\" \/>\n<meta property=\"og:description\" content=\"The governor of the Central Bank of Nigeria has said the reforms implemented by President Bola Ahmed Tinubu\u2019s government ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-28T09:38:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-28T18:14:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1745824310.305894.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Tinubu\u2019s reforms not easy, delivering results \u2013 Cardoso\",\"datePublished\":\"2025-04-28T09:38:50+00:00\",\"dateModified\":\"2025-04-28T18:14:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso\"},\"wordCount\":231,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1745824310.305894.jpg\",\"keywords\":[\"Cardoso\",\"Nigeria\",\"Tinubu\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/tinubus-reforms-not-easy-delivering-results-cardoso\",\"name\":\"Tinubu\u2019s reforms not easy, delivering results \u2013 Cardoso - 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