Nigeria, June 12 -- President Bola Tinubu has defended his administration's economic policies, saying the structural reforms introduced since 2023 have boosted federation revenues and enabled states and local governments to allocate more resources to critical sectors, including healthcare.

In his Democracy Day broadcast on Friday to mark June 12, Mr Tinubu acknowledged that the fiscal adjustments had imposed economic hardship on Nigerians. Still, he insisted they were necessary to rescue public finances from collapse and redirect resources to national priorities.

"Since 2023, our reforms have restored stability and credibility to economic management. Federation revenues have risen, providing states and local governments with more resour...