JUBILATION: Hardship Is Over? Tinubu Breaks Good News To All Nigerians, Announces Fresh Plans To End Poverty
In a recent interview marking his Man- Of- The- Year Honour bestowed by the Nation Newspaper, President Bola Ahmed Tinubu outlined significant economic relief measures aimed at alleviating the hardship faced by Nigerians amidst the ongoing economic crisis. Acknowledging the severe impact on citizens, Tinubu emphasized the proactive steps his administration is taking to address these challenges.
President Tinubu began by recognizing the global nature of the economic challenges, expressing his awareness of the rising living costs affecting Nigerians. He reassured the public that his administration is committed to mitigating the impact and outlined key initiatives to provide financial support and ensure essential needs are met.
One notable proposal is the provision of N25, 000 monthly for three months to 15 million households. This financial assistance is designed to alleviate the immediate financial burden faced by a significant portion of the population. Tinubu stressed the importance of supporting businesses and ensuring the availability and affordability of staple foods, essential for every Nigerian family.
Addressing the concerns arising from the fuel subsidy removal, President Tinubu unveiled a tax waiver for Compressed Natural Gas (CNG) purchases and diesel. This strategic move aims to ease the impact on transportation, a critical aspect of daily life for many Nigerians. By implementing tax waivers, the government seeks to navigate the challenges associated with subsidy adjustments and stabilize the economic landscape.
