President Tinubu has on Independence Day increased the wage for low-grade workers by N25,000 for the next six months as part of measures to ameliorate the effects of current reforms such as fuel subsidy removal and the unification.
The President disclosed this during his maiden Independence Day address to the nation. In the address, President Tinubu underscored the need for Nigerians to be patient with his administration and the reforms they are putting stating they are necessary for progress.
The President also spoke on the infrastructure support funds for states to enable state government to invest in critical areas and the relief funds provided to state governments.
On the actions the federal government is taking to provide cheap and affordable transport to Nigerians, the President noted that soon CNG-powered buses will be rolled out across the country.
The President’s speech also encompassed the “thorough house cleaning” he promised in the Central Bank stating that the investigative report on the CBN will soon be available
