President Bola Ahmed Tinubu has urged Nigerians to remain patient as his administration’s economic reforms begin to take effect, promising a more stable and prosperous future for the nation.
Speaking at the 2023 Edition of Leadership Annual Conference and Awards where he was honored as ‘Person of the Year’, President Tinubu, represented by the Minister of Information and National Orientation, Mohammed Idris, argued that while the path to a more robust and stable economy may be fraught with challenges, Nigeria is on course to achieving lasting economic success with the government’s reforms.
According to Tinubu, the controversial removal of fuel subsidies has led to significant savings and increased government revenue, poised to positively impact Nigerians.
He stressed the benefits this has brought to the nation’s finances, including funding various social and economic support programs, such as a new minimum wage, with negotiations already underway.
Furthermore, the President announced the approval of a two hundred billion naira disbursement through three new special integration funds aimed at supporting Nigerian businesses, education, and vulnerable households.
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