My administration has reduced debt servicing burden from 97% to 65% – Tinubu

President Bola Tinubu has said his administration has been able to reduce the debt servicing burden of the nation from 97 percent to 65 percent.

Tinubu while congratulating the new ministers for accepting to serve the country at this challenging time, said they should be ready for abuses and criticisms from Nigerians but must not lose focus on making lives better for over 200 million Nigerians.

Tinubu said this on Monday while swearing in the seven new ministers appointed into his cabinet recently.

Among the new ministers sworn in are Dr Nentawe Yilwatda as Minister of Humanitarian Affairs and Poverty Reduction, Muhammadu Maigari Dingyadi as Minister of Labour & Employment, and Bianca Odinaka Odumegwu-Ojukwu as Minister of State for Foreign Affairs.

Others who took the oath of office at the Presidential Villa Abuja were Jumoke Oduwole as Minister of Industry, Trade, and Investment (Trade and Investment); Idi Mukhtar Maiha as Minister of Livestock Development; Yusuf Abdullahi Ata as Minister of State for Housing and Urban Development; and Dr Suwaiba Said Ahmad as Minister of State for Education.