BOMBSHELL! ! Tinubu Lists 3 MASSIVE Achievements As Reasons To Shun Protest; Achievement No. 2 Is For Youths
According to President Bola Ahmed Tinubu, Nigerians should not participate in the planned hardship protest scheduled for August 1– 10, 2024, because of the implementation of the student loan program, the creation of the consumer credit initiative, and the new minimum wage of N70, 000.
The President made this revelation on Thursday at the State House while hosting a group of Islamic leaders led by Sheikh Bala Lau. Tinubu asked the organizers of the protests not to convert Nigeria into Sudan. He said his government was revamping its social welfare program to target every Nigerian who was at risk at the local level.
” We are reworking the social welfare scheme to reach the ward level, which is the closest to our people. We are going to ensure that we re- establish connection with the wards, again, so that we can give allowances to the poor and the vulnerable.
” The student loans will pay for school fees. There will be monetary support for the education of our children. The consumer credit will support citizens to buy cars and houses, and they can repay gradually. We have increased the minimum wage by more than 100 percent, ” he said.
According to DAILY POST, Tinubu and Nigerian laborers reached an agreement on a minimum wage of N70, 000, which was subsequently passed by the National Assembly of that country on Wednesday.
Earlier this week, the federal government started paying out money to 110, 000 qualified borrowers under its N35 billion student loan program. This occurs several months after the Tinubu administration authorized the N100 billion consumer credit for Nigerians to be taken out in April.