Nigeria’s President Bola Tinubu has urged his citizens to trust him on solving the perennial challenges in Nigeria
Mr. Tinubu announced in a televised speech to the country that he had directed the release of 200,000 tonnes of grain from strategic stocks.
Additionally, he pledged to raise the minimum wage, promote more well-paying jobs, and provide financial support for the manufacturing, farming, and small business sectors.
While acknowledging the challenges individuals faced, Mr. Tinubu justified the recent elimination of a fuel subsidy, claiming it had saved Nigeria about $1.3 billion (£1 billion).
Protests have been sparked by the elimination of the subsidy.
“I understand the hardship you face; I wish there were other ways, but there are none… Have faith in our ability to deliver. We will get out of this turbulence,” he assured citizens.
In order to counteract the rising expense of transportation, he proposed a $129 million fund to buy around 3,000 commercial buses that would be spread across the country.
He pleaded for tolerance as he carried out his economic strategies.