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Tinubu Assures Nigerians of Brighter Days Ahead Despite Challenges from Fuel Subsidy Removal
President Bola Tinubu has reassured Nigerians of a better future despite the challenges posed by the removal of the fuel subsidy.
Speaking at the combined 34th and 35th convocation ceremonies of the Federal University of Technology, Akure, Ondo State, on Saturday, Tinubu, represented by Prof. Wahab Egbewole, Vice Chancellor of the University of Ilorin, highlighted the necessity of the policy.
He explained that his administration inherited a steeply declining economy burdened by heavy debts from fuel and dollar subsidies. “The subsidies, initially aimed at supporting the poor, ironically worsened their conditions and threatened the nation’s economic stability,” Tinubu said.
He emphasized that removing the subsidy and unifying exchange rates were critical steps to prevent economic collapse and ensure a better future. While acknowledging the immediate hardships, the president noted that the country’s macro and micro-economies are steadily improving.
Tinubu assured Nigerians that the “Renewed Hope Agenda” remains on track, adding, “Brighter days are almost here. The challenges call for patriotism, and I assure all Nigerians there is light at the end of the tunnel.”
Lagos State Police react to claims of them taking money from dispatch riders on the Coastal Road in Lagos.
It started after a rumour was shared that police arrest and take money from riders as a demand for high bribes, sometimes reaching ₦200,000, and seize motorcycles if not given.
The Police Public Relations Officer, SP Benjamin Hundeyin, then addressed the claims online and stated in his statement that he disagreed that the rumour is true and stated, “The spread of misinformation only causes more harm than good. In this era, we can and must do better.”
It has been announced by the governor of Ogun that Tuesday 3rd of February is a public holiday in order to mark the 50th anniversary of the state creation.
This public holiday declaration was released in a statement by the secretary of the state, Tokunbo Talabi.
He then added that the holiday will provide as a day for the citizens to participate in the activities for the state milestone.
Former Kogi politician, Dino Melaye, faces backlash from the public after he shared a video on social media of him abroad and living well through his luxurious lifestyle.
In the same video, he speaks about Nigeria’s current economy and shares his disappointment.
He wrote, “See country, God help us to build a true nation where our wicked leaders will be in jail and the right people in power. Nigeria must be fixed. YES WE CAN.”
However, many state that what he posted and what he is saying contradict each other, and they accused him of sharing his own records to know if he was a corrupt leader.
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