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Economic reforms: Bagudu makes case for vulnerable citizens

Newsdesk Africa by Newsdesk Africa
August 4, 2026
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By Sam Otuonye

Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has called for deeper collaboration among government, humanitarian organisations, and development partners to ensure that ongoing economic reforms translate into improved livelihoods for Nigerians, particularly for vulnerable and underserved communities.

Speaking at the Catholic Relief Services (CRS) Nigeria Impact Showcase in Abuja on Tuesday, Senator Bagudu said that the complexity of national development challenges requires collective action and acknowledged the critical role played by organisations that complement government efforts by identifying gaps and reaching communities that may be left behind.

The minister commended CRS for its humanitarian interventions and its commitment to inclusion, noting that its work extends beyond religious boundaries and contributes significantly to Nigeria’s development aspirations.

“Peace and harmony are ensured when all are included. That is why the role of organisations such as the Catholic Relief Services is important. They help us identify not only the issues in our society but also those who are missed out despite the best-designed interventions,” Senator Bagudu said.

He stressed that events such as the CRS Impact Showcase offer government and development partners the opportunity to evaluate progress, identify areas for improvement, and strengthen collaboration to achieve greater impact.

Senator Bagudu highlighted that the Federal Government’s ongoing reforms, led by President Bola Ahmed Tinubu, were necessary steps towards repositioning the Nigerian economy, increasing productivity, and building a stronger foundation for sustainable growth.

According to him, the government was aware that major reforms often have varying effects across different segments of society, which led to the introduction of targeted interventions to support those most affected, including low-income households, small businesses, traders, and farmers.

“Whenever you implement bold reforms, whether at the family, community, or national level, they will have disproportionate effects on different parts of the populace. Therefore, we have to be more deliberate,” he said.

The minister explained that Nigeria’s economic realities have also been shaped by global disruptions, including ongoing international conflicts, trade tensions, rising energy costs, and higher prices for agricultural inputs such as fertiliser.

He noted that these pressures have affected farmers, transport operators, businesses, and households, making partnerships with humanitarian and development organisations even more crucial.

While acknowledging the government’s interventions, Senator Bagudu admitted that further efforts are required to ensure that support reaches citizens who need it most, and stressed the importance of learning from organisations with deep community-level experience.

“We must recognise that those who have been supporting us must work with government so that, where our reach has not been effective, we can strengthen them. And where we have learning to do, we should also be humble enough to acknowledge that,” he said.

The minister further noted that Nigeria’s federal structure offers opportunities for stronger collaboration among the Federal, State, and Local Governments and organisations committed to humanitarian assistance, empowerment, and inclusive development.

He assured CRS and other development partners of the Federal Government’s continued commitment to partnerships that advance national development objectives and improve Nigerians’ wellbeing.

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Economic reforms: Bagudu makes case for vulnerable citizens
News

Economic reforms: Bagudu makes case for vulnerable citizens

by Newsdesk Africa
August 4, 2026
0

By Sam Otuonye Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has called for deeper collaboration among government,...

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