Submit Your Featured Story: [email protected]

Im Not Against Nationwide Protest But Tinubu

Wed, 31 Jul 2024 16:00

Im Not Against Nationwide Protest But   Tinubu

President Bola Tinubu has said he was not against the planned nationwide protest. However, he would prefer that the protest be peaceful.

The Minister of Finance and Coordinating Minister of Economy, Wale Edu, disclosed this at a press briefing in Abuja on Wednesday.

He said the revenue of the Federal Government had doubled in the Q1 2024, compared to 2023 as a result of the diligent measures taken by the administration and application of innovation.

He also said that agriculture, industry, and service sectors have started experiencing a turnaround and growth following a series of reforms.

“The President, as a democrat, believes in federalism, freedom of speech, human rights, and rule of law.

“We have recovered from the era of debt payment. Revenue has risen as a result of the application of diligent measures and has doubled and is expected to sustain that trajectory.

“The President understands the feelings of the people, particularly the high and elevated cost of living, which is not peculiar to Nigeria.

“There has not been full recovery from COVID,” he said.

However, the Minister said, inflation was already falling in Nigeria, just as the economy has over the last 15 months been recovering from a precipice after a long period of overdependence on importation.

“Low transportation cost is being provided for through the CNG initiative.”vanguardngr 
   

Featured Stories

...

...