x

Economic hardship: Tinubu pledges to protect worst-hit Nigerians

President Bola Tinubu has pledged his administration’s commitment to implementing safety measures aimed at protecting Nigerians most affected by recent economic reforms.

Speaking at the seventh Nigeria International Energy Summit in Abuja, Tinubu emphasized the importance of social investment programs in mitigating the impact of subsidy removal and other economic adjustments. He highlighted the recent resumption of these programs, ensuring equitable distribution of relief to vulnerable segments of society.

Tinubu defended the decision to discontinue subsidies on petrol, citing the need to redirect funds towards infrastructure development and energy security. Despite initial challenges, he remained optimistic about Nigeria’s economic recovery trajectory.

Acknowledging the immediate hardships faced by citizens, Tinubu reaffirmed his administration’s commitment to social interventions to alleviate the burden of subsidy removal, emphasizing equitable distribution of relief.

As Nigeria transitions towards cleaner energy sources, Tinubu underscored the importance of innovation and collaboration to facilitate a seamless transition while ensuring inclusivity.

The ongoing Nigeria International Energy Summit convenes stakeholders to deliberate on accelerating energy security, transition, and finance, with over 6000 delegates, exhibitors, and visitors in attendance. Key figures in the energy sector, including government officials and industry leaders, are expected to chart a sustainable path forward during the summit.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalist As...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

How Safe Are Public Swimming Pools?

From tropical parasites to stubborn bacteria, swimmers often share...

Verydarkman offers mouthwatering reward amid justice for Mohbad

Outspoken social media critic, VeryDarkMan, has announced a substantial...

Troops Eliminate Terror Kingpin Yellow Danbokolo in Zamfara

The Defence Headquarters (DHQ) has confirmed that troops of...

Larry Ellison Adds $8.8 Billion to Net Worth in a Day as Oracle Shares Hit Record High

Larry Ellison, co-founder, chairman, and chief technology officer of...

Top Stars Now Free Agents as Summer Transfer Window Opens Across Europe

As of Tuesday, July 1, a host of high-profile...

South East Group Berates PDP, Says Regions Marriage with Party a Nightmare

Says Ndigbo have no future in PDP The Coalition of...
spot_img

Related Articles

Popular Categories

spot_imgspot_img