Nobody In The World Can Say That The Nigerian Economy Has Not Been Stabilized – Oduwole

Nigeria’s Minister of Industry, Trade and Investment, Jumoke Oduwole, has defended the Federal Government’s economic policies, insisting that the country’s economy has achieved a level of stability despite ongoing criticism from some Nigerians and economic observers.

Oduwole made the statement during an interview on Channels Television on Wednesday, November 11, 2026, where she discussed the state of the Nigerian economy and the progress recorded under the current administration.

During the conversation, the minister expressed confidence in the government’s economic management, arguing that the measures introduced to address the country’s economic challenges were beginning to yield positive results.

She maintained that the level of stability achieved so far was significant and should be recognised, even by individuals who have remained critical of the government’s handling of the economy.

According to Oduwole, it would be difficult for anyone, regardless of their position on the administration’s policies, to deny that Nigeria’s economy has experienced some degree of stabilisation.

Emphasising her position, she stated, “Nobody in the world can say that the Nigerian economy has not been stabilized, even the toughest critics.”

Her remarks suggest that the Federal Government believes its economic reforms are gradually creating a more predictable environment for businesses, investors and other participants in the Nigerian economy.

Economic stability is considered an important factor in improving investor confidence, encouraging private-sector activities and creating opportunities for sustainable economic development.

The minister’s comments indicate that the government believes the foundation for these improvements is already being established.

However, her assessment is likely to attract different reactions, particularly from Nigerians who continue to struggle with the rising cost of living, inflation, reduced purchasing power and the financial difficulties affecting households and businesses.

Although the government may point to improvements in economic stability and other indicators, many citizens remain concerned about whether such developments are translating into meaningful improvements in their everyday lives.

For many households, the most important measure of economic recovery remains the affordability of basic necessities, the availability of employment opportunities and the ability to meet essential financial responsibilities.

You can watch the video below from stamp time 16:09 to 16:20.

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