Daily News Alert
Enter your email below.





Hot Stories
Recent Stories

Stop Shouting Over Fuel Subsidy Removal – SGF Akume Tells Nigerians

Posted by Thandiubani on Fri 07th Jun, 2024 - tori.ng

Akume said Nigerians should remain calm in the face of the economic hardship that followed the removal of fuel subsiy.

 
The Secretary to the Government of the Federation, SGF, George Akume has sent a message to Nigerians over the removal of fuel subsidy.
 
He warned them to stop “shouting” over the issue of fuel subsidy removal by President Bola Tinubu’s administration.
 
Akume said Nigerians should remain calm in the face of the economic hardship that followed the removal of fuel subsiy.
 
Addressing the National Executive Council of the Christian Association of Nigeria, CAN, yesterday, the SGF assured that President Bola Tinubu is working to stabilise the economy.
 
According to Akume: “Nigerians must remain calm. President Bola Tinubu is working to improve the economy.
 
“One of them, which appears to be a little bit tough for people to understand, is the removal of subsidy on fuel. People should stop shouting; they need to know the actual truth.”
 
He said that the government had taken several measures to address current hardships, including swift actions in implementing palliatives to cushion the effects of the reforms.
 
“We are all aware of the N35,000 wage award for workers, which means a N30,000 minimum wage with 35,000 on top of that.
 
“Additionally, 100 billion naira for CNG fuel buses will help reduce transportation costs and food prices.
 
“These include the allocation of N125 billion in conditional grants and financial inclusion for medium and small enterprises, and 150 billion naira in palliative loans to states to mitigate the impact of fuel subsidy removal.
 
“We are providing 200 billion naira to support the cultivation of hectares of land, which is even more now.”
 


Top Stories
Popular Stories


Stories from this Category
Recent Stories