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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.


 

Fashion

Former Senator Shehu Sani Declines Invitation to Judge Miss World Nigeria Beauty Pageant

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Former Kaduna Central Senator Shehu Sani declines invitation to judge the Miss World Nigeria Beauty Pageant.

It was reported that the position of a judge was offered to Shehu Sani by Ben Murray Bruce, founder of Silverbird Group. However, Sani rejected the offer to judge the event.

Ben Bruce takes to social media to invite the former senator to be present at the event and sit as a judge.

Shebu Sani then responded by stating “You should have send me a formal letter and with full benefits attached to it after I have passed the Judgment. I appreciate the honour from a good friend. Unfortunately, I’ll be unavailable on that day. I wish you a successful outing.”


 

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Entertainment

Mr. Macaroni Laments to Lagos State Governor Over Traffic Cause

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Nigerian Comedian, Mr Macaroni expresses dissatisfaction with the Governor of Lagos State over traffic issues.

It can be reported that Lagos has been suffering through a serious traffic phase. The reason behind this was revealed to be the Independence Bridge repairs.

Governor Sanwo Olu then pleaded with Lagosians to bear with the traffic as the repair is necessary. “Let’s think outside the box. If you don’t have business to do in Victoria Island in the next 2 to 3 weeks, conduct your business online and plan ahead.”

However, Mr Macaroni reacts to the Governor’s plea by stating “If the government had any regard whatsoever for the people of Lagos, these measures and more extensive ones would have been taken before yesterday to make this process as painless as possible for the people.”

He lamented on the serious effect that this traffic has taken on people’s day to day life and shared that the government didn’t consider its people.

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Michelle Says She Married Barack Obama When He Wasn’t Financially Stable

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Michelle Obama recently shared that when she first met Barack Obama, he wasn’t “financially sound.”

The couple crossed paths in 1988 when Barack joined a law firm in Chicago, where Michelle was already working. On a recent podcast episode she hosts with her brother, Craig, Michelle reflected on the importance of financial stability in a relationship.

During a conversation with British author Jay Shetty, Craig asked Michelle, “Would you be attracted to a guy who’s not financially stable when you meet him?”

Without hesitation, Michelle replied, “Uh, I married one.”

Craig, who seemed to have set her up for that response, laughed and jokingly said, “Don’t you like that alley-oop I just threw you? In basketball, you just point—you don’t even have to say it.”

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