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Tinubu Highlights New Minimum Wage, Student Loans, and Consumer Credit as Reasons to Avoid August Protests

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President Bola Ahmed Tinubu has outlined several key achievements as reasons why Nigerians should reconsider participating in the upcoming August 1-10, 2024, protest against economic hardship.

During a recent meeting with a delegation of Islamic leaders led by Sheikh Bala Lau at the State House, Tinubu highlighted the government’s recent initiatives aimed at improving the lives of Nigerians and addressing their grievances.

Tinubu emphasized the commencement of a new student loan scheme, which he described as a significant step towards supporting education by covering school fees for beneficiaries.

Additionally, he pointed out the recent implementation of a new minimum wage, which has been increased to N70,000, marking a more than 100 percent rise from previous levels.

He also mentioned the introduction of a consumer credit initiative designed to help citizens purchase cars and houses with the option to repay gradually.

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In his address, Tinubu urged protest organizers to avoid disrupting the country, drawing a comparison to the unrest in Sudan.

He assured that his administration is dedicated to overhauling its social welfare programs to ensure they effectively reach vulnerable populations at the grassroots level.

The President stressed that these measures are part of a broader effort to reconnect with local communities and provide financial support to those in need.

The Nigerian National Assembly recently passed the new Minimum Wage Act, following an agreement between Tinubu and Nigerian workers on the N70,000 minimum wage.

Furthermore, the federal government has begun distributing funds from its N35 billion student loan scheme to 110,000 successful applicants.

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This is in addition to the earlier approval of a N100 billion consumer credit program aimed at easing financial pressures on citizens.


 

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Yul Edochie Tells Tinubu to Fix Nigeria First Before Thinking of 2027 Elections

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Nollywood star Yul Edochie has urged President Bola Tinubu to stay focused on fixing Nigeria’s current problems instead of getting caught up in early talks about the 2027 elections. In a message shared on Instagram, Yul, who has openly supported Tinubu in the past, said Nigerians are dealing with serious struggles, especially the rising cost of living and growing insecurity.

He wrote directly to the president, asking him not to be distracted by political noise: “We’re still in 2025. People are suffering. The focus should be on reducing hardship and restoring security. These are the real issues.” He ended his post with a prayer for Tinubu’s leadership, hoping he stays guided through the challenges ahead.


 

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Donald Trump Set to Be at Club World Cup Final

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U.S. President Donald Trump is set to attend the final of the 2025 Club World Cup, according to ESPN. The highly anticipated final will be played this Sunday at the MetLife Stadium in New Jersey.

This year’s expanded tournament began last month with 32 teams competing. Chelsea have already secured their spot in the final after a solid 2-0 win over Brazil’s Fluminense, thanks to a brace from Joao Pedro.

The Blues will now face the winner of the semi-final clash between Real Madrid and Paris Saint-Germain, set to take place Wednesday night at the same venue. Manchester City, the defending champions, won the last edition of the tournament.


 

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Peter Obi Questions Why Nnamdi Kanu Is Still in Detention

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2027 presidential hopeful aspirant, Peter Obi, has questioned the continued detention of Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), saying the situation doesn’t make sense to him. Obi explained that he would push for a political solution to Kanu’s case and other similar issues across Nigeria rather than allowing them to drag on.

Speaking during an interview on Channels TV’s Sunday Politics, Obi said it was hard to understand why Kanu was still in detention over allegations like insulting those in power. When asked if he supports a political approach to the IPOB leader’s case, Obi responded, “Why is he still being held? It doesn’t make sense to me.

“Some say he used vulgar words… I haven’t seen it myself. But even if he did, it doesn’t affect me. If I’m president and people call me a thief or an idiot — as they already do — it doesn’t bother me. My job is to ensure people can feed themselves.”

He also stressed that the same approach would apply to similar situations across the country. “If there’s a bandit somewhere in the North East, I’ll go there and meet him. That’s how you create dialogue and say, enough is enough. After that, action will follow,” Obi added.


 

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