News
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.”
An update has been shared on the burnt building at Balogun Market on Lagos Island, as it was revealed that a man was rescued 11 days after the building caught fire.
According to reports, the man was found alive on January 6, 2026, after being discovered under the rubble of the collapsed structure.
The survivor has since been taken for proper medical care, while further details are yet to be released.
Meanwhile, passersby and market traders have expressed concern, fearing that more people may still be trapped alive inside the building.
It has been reported that Anthony Joshua has officially been discharged from the hospital following the terrible car crash that claimed the lives of his two closest friends and supporters.
The boxing star was deemed stable enough to go home after the accident. After his discharge, he visited the funeral to pay his respects and see the bodies of his two friends.
Many have expressed grief and offered their support to the boxing star, praying that he will be able to find peace, as grief will undoubtedly be one of the most painful challenges he will face in life.
It has been shared that the Peoples Democratic Party (PDP) is calling on the federal government to suspend the tax law set to take effect on January 1, 2026.
This was revealed in a statement released by Ini Ememobong, National Publicity Secretary of the PDP. He stated that this new law shows how Nigerians and the masses will be affected, arguing that the government is prioritizing finance over security and other pressing matters.
“Rather than address these issues comprehensively, the Presidency has consciously minimized them and instead insisted that the commencement date must stand, despite the discrepancies,” the party said, adding that this “clearly shows where the priority of the government lies between Nigerians and money.”
‘Stop Kissing Babies Mouth-to-Mouth’ — Angela Okorie Sparks Debate Online
‘May His Soul Rest in Peace’ — Destiny Boy Reportedly Passes Away
Former Nickelodeon Star Kianna Underwood Dies After Hit-and-Run Incident at 33
-
Entertainment12 hours agoFormer Nickelodeon Star Kianna Underwood Dies After Hit-and-Run Incident at 33
-
Sport12 hours agoI Was a Bit Nervous’ — Referee Daniel Laryea Reflects on AFCON Semi-Final Experience
-
Entertainment12 hours ago‘May His Soul Rest in Peace’ — Destiny Boy Reportedly Passes Away
-
Entertainment12 hours ago‘Stop Kissing Babies Mouth-to-Mouth’ — Angela Okorie Sparks Debate Online