The Secretary to the Government of the Federation, SGF, George Akume, has cautioned Nigerians against “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.”
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