President Bola Tinubu has appealed to Nigerians to look beyond the temporary pains being faced over the removal of fuel subsidy and persevere.
He said subsidy has only gone into the pockets of a minority few while millions of Nigerians are in poverty.
In a national broadcast to the nation, Tinubu who promised a review of workers salary also assured Nigerians that the pains will soon become a thing of the past.
He said “Our economy is going through a tough patch and you are being hurt by it. The cost of fuel has gone up. Food and other prices have followed it. Households and businesses struggle. Things seem anxious and uncertain. I understand the hardship you face. I wish there were other ways. But there is not. If there were, I would have taken that route as I came here to help not hurt the people and nation that I love”.
“We are going to spend 75billion on 75 manufacturing enterprises. Each of these enterprises will be able to access N1billion for expanding their manufacturing capacity”.
“In the short and immediate terms, we will ensure staple foods are available and affordable. To this end, I have ordered release of 200,000 Metric Tonnes of grains from strategic reserves to households across the 36 states and FCT to moderate prices. We are also providing 225,000 metric tonnes of fertilizer, seedlings and other inputs to farmers who are committed to our food security agenda”
