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
Davido Questions Police Directive for Edo State Voters to Return Home After Casting Votes
Singer Davido has expressed confusion over a directive from the Nigeria Police Force instructing voters in Edo State to leave the polling area immediately after casting their votes.
The directive was issued by Deputy Inspector General of Police, Frank Mba, during an interview on Channels Television.
In response, Davido took to his X handle, writing “Lolllllllllllll Go where?”, questioning the practicality of the directive.
News
Teen Sentenced to Life for Killing Her Mother and Attempting to Murder Stepfather, Plus Additional Charges
A Mississippi teenager has been sentenced to life in prison for the March 19 shooting of her mother, Ashley Smylie, and the attempted murder of her stepfather, Heath Smylie.
The girl, 14 at the time, was also sentenced to 10 years for tampering with evidence. Prosecutors argue that she ambushed her parents using her mother’s gun.
Her defense cited mental health issues, including depression and hallucinations, but the jury found her aware of her actions at the time of the crime.
News
Diddy Struggles in MDC Brooklyn, Focusing on Family as He Faces Tough Conditions
Music mogul Sean ‘Diddy’ Combs is facing a tough time in the Metropolitan Detention Center (MDC) in Brooklyn, held in the Special Housing Unit.
His main concern remains his seven children, with limited communication and privileges. Following his recent arrest and placement on suicide watch, Diddy’s family is leaning on faith and unity.
His sons attended a bail appeal, but the judge denied his request, citing him as a danger.
Diddy remains focused on reuniting with his children amidst these challenges.
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