News
“We Must Be Patient and Work Hard to Rebuild Nigeria’s Economy” – Tinubu
President Bola Ahmed Tinubu has urged Nigerians to embrace hard work and patience, stating that there are no more free rides when it comes to the country’s economic realities.
He emphasized the need for the population to focus on sectors like agriculture while the government works on rebuilding and restructuring the economy.
Tinubu expressed this during a meeting with the Forum of Former Presiding Officers of the National Assembly, led by former Senate President Ken Nnamani, in Abuja.
Addressing the concerns of many citizens facing economic challenges, Tinubu acknowledged the difficulties people are experiencing, especially with rising prices and economic instability.
“I understand that people are hungry and struggling,” he said, “but we cannot continue like this.
There is no free beer parlour anymore. We must be patient and work hard as we retool and rebuild Nigeria’s economy.”
His remarks come as his administration continues to implement significant economic reforms aimed at stabilizing the country.
Nigerians have been grappling with the effects of two major economic policies introduced shortly after Tinubu took office.
One of these was the removal of the fuel subsidy, a move that led to a sharp increase in the cost of petrol.
On his first day in office, the price of fuel tripled, and as of Friday, some filling stations in Abuja were selling petrol for between N950 and N1,100 per litre.
Another policy, aimed at unifying the exchange rate system, resulted in a dramatic depreciation of the naira.
Before Tinubu’s presidency began on May 29, 2023, the naira was trading at around N600 to the dollar.
Now, just a few months later, the exchange rate has soared, with the naira trading at over N1,500 to the dollar at the official market.
Despite these economic challenges, Tinubu has remained firm in his approach, urging Nigerians to trust in the government’s long-term strategy to rebuild the economy.
He stressed that while the current hardship is undeniable, the necessary reforms are critical for the country’s future prosperity.
Tinubu’s call for patience and hard work reflects his administration’s belief that these changes, though painful, are essential for Nigeria’s economic recovery.
The president’s words highlight the significant shift in expectations for the country, as the days of relying on government subsidies and support appear to be coming to an end.
His administration is focused on fostering self-reliance and resilience among Nigerians, particularly through sectors like agriculture, which he views as key to the country’s economic revival.
As Tinubu’s policies take shape, the nation watches to see how his economic vision will unfold in the coming months.
News
Pastor Tunde Bakare Speaks on Rising Kidnappings, Urges Government Action
Nigerian pastor and overseer of the Citadel Global Community Church, Pastor Tunde Bakare, addresses and reacts to the current happenings of the country regarding the kidnapping and the abductions.
The pastor urges the government on steps they can take to solve and help the people of the country. “The Nigerian government has a clear and urgent duty to protect these Middle Belt communities, who have carried the weight of violence for far too long.”
“Rather than play the ostrich and cover up clear terrorism as mere farmer-herder clashes, the Nigerian state has a responsibility to invade the camps of armed marauders who hide under the cloak of herdsmen of whatever ethnicity, and who invade defenceless communities and gleefully massacre unarmed men, women and children.”
News
“Nigeria Is a Disgrace”: Trump Criticizes Government on Worsening Attacks
US President Donald Trump criticizes the Nigeria government once again after the increase of insecurity over the past few days. The president stated that the government is failing to protect Christian communities from the attacks going on.
“Nigeria is a disgrace. The whole thing is a disgrace,” Trump said. “They’re killing people by the thousands. It’s a genocide, and I’m really angry about it. And we pay, you know, we give a lot of subsidies to Nigeria. We’re going to end up stopping.”
News
“How Many More Lives?” — Atiku Urges Government to Act After New Student Abduction
Former Vice President Atiku Abubakar speaks out against the rising insecurity in the country. He urged the government to take action and claimed that it is not too late to declare a state of emergency.
He reacted after another news of abduction of students was announced on the 21st of November.
“How many more lives must be shattered before decisive action is taken? It is not too late for the government to finally declare a state of emergency on insecurity and confront this menace with the urgency it deserves.”
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