Business

Subsidy Removal: We are at the verge of an economic recovery –  Tinubu tells Nigerians 

President Bola Tinubu, on Monday, assured Nigerians of an impending economic recovery, expressing confidence in the country’s ability to overcome the adverse effects of the fuel subsidy removal. 

The president, speaking at Governor Hope Uzodinma’s second-term inauguration in Owerri, shared his optimism about the country reaping positive outcomes from the elimination of the fuel pump price subsidy. 

He said:  

Furthermore, President Tinubu also declared that his administration would allocate additional resources to education and healthcare while facilitating conditions for industrialization and investments, aligning with his vision of fostering economic stability and prosperity. 

The President reassured citizens that he is keenly aware of their concerns and is actively addressing the challenges arising from crucial reforms.