$46bn External Reserves: Nigerians Ought to be Happy under Tinubu, Says Bwala

The Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, says the good news for Nigeria is that its external reserves have now crossed $46 billion, the highest level in eight years.

Bwala made this statement in a post on his official X handle on Sunday.

Claiming that Nigerians ought to be happy with the current All Progressives Congress, APC-led administration, Bwala noted that the increased reserve will help the country meet all its obligations.

He explained that the development “strengthens our economy, improves our ability to support the naira, helps meet international obligations, and builds investor confidence.

“President Bola Ahmed Tinubu remains focused on serious economic rebuilding. The reforms may be tough, but they are delivering measurable results.

“Step by step, Nigeria is regaining financial strength and global credibility. The work continues. The results are showing.”