Tinubu: Controlling currency rates and eliminating subsidies will ease the first round of adversity

Bola Tinubu, the president-elect, listed the issues that will be the incoming administration’s first hurdle on Friday. These difficulties include the need to end the fluctuating foreign exchange rates and the continued goal of eliminating petroleum subsidies. Continue Reading>>>>

Speaking at the Public Lecture and Jumat Prayer, which was conducted at the National Mosque in Abuja as part of the schedule of events for the 2023 Presidential Inauguration, he said this. At the event, Tinubu, who was represented by Vice President-elect Kashim Shettima, asked Nigerians to support the administration as it worked to solve the many issues the nation was experiencing but warned that the start might be challenging.

Tinubu noted that the numerous issues affecting Nigeria have prevented it from reaching its proper position as a global force, adding that the time has come for all Nigerians to join together to face the difficulties. In addition, he promised to treat every Nigerian equally, regardless of their racial, religious, or political affiliations. “Ours is a wonderful nation that is just waiting to show the world what it is capable of. China was once referred to as a sleeping giant, but China has now awakened. Nigeria must become more aware. We are requesting your prayers as we seek God’s direction. You can rest assured that Tinubu will get started right away. Continue Reading>>>>

“The multiple exchange rate system is a burden on the national economy, and the oil subsidy is an albatross around our neck. The President-elect will make some decisions, but in due course, Nigerians will not only respect but also rejoice over us, he said. But he also assured them that women will be fairly represented and paid in the next administration.

 

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