FG’s Reforms Rewrite Nigeria’s Economic Underperformance Story, Tinubu Says

Author: vanguardngr.comPublished on: October 27, 2026Country: Nigeria
Business & EconomyPolitics
FG’s Reforms Rewrite Nigeria’s Economic Underperformance Story, Tinubu Says

President Bola Tinubu says his administration’s reforms aim to end decades of economic underperformance and unlock Nigeria’s potential. Represented by Vice-President Kashim Shettima at the 32nd Nigerian Economic Summit in Abuja on Monday, he defended difficult decisions to stabilise the economy and remove structural barriers to growth. Tinubu said the goal also includes improving livelihoods, generating productive jobs and reducing underemployment. He called for greater productivity from workers, businesses and investments.

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Lualaba-Mines: Louis Watum reopens Musompo trading center amid ongoing discontent among artisanal miners
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Lualaba-Mines: Louis Watum reopens Musompo trading center amid ongoing discontent among artisanal miners

Mines Minister Louis Watum Kabamba relaunched operations at the Musompo trading center in Kolwezi on October 26, with a first truck weighed and mineral sampling and analysis operations begun. Inaugurated in 2023, the center had remained inactive despite a nominal capacity of 250 trucks a day, and technical difficulties persist. The reopening comes after more than a week of protests by artisanal miners, who say controls are making it harder to sell their minerals and are demanding the effective implementation of artisanal mining zones. Watum called for daily monitoring of the facilities and sustainable site management to support more transparent mineral sales.

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