The Secretary to the Government of the Federation, SGF,
George Akume, has highlighted the achievements of the Tinubu administration
ahead of the planned nationwide protest.
Akume spoke at a World Press Conference held in Abuja on
Wednesday where he noted that Nigerians are passing through unintended economic
challenges occasioned by a few of the bold policy decisions taken by this
administration.
He maintained that economic prosperity for the nation
remains the ultimate goal of the administration of Tinubu, adding that it is
the engine that drives progress, lifts families from poverty, and builds
strong, resilient societies.
He called for peace and stability, insisting it was the cornerstone upon which trust, cooperation and shared purpose are built.
“When peace reigns, policies yield results, businesses
thrive, investments flourish, and creativity is unleashed, “he said.
Akume noted that the Tinubu administration at inception in
May 2023 inherited an economy in need of urgent, bold and imaginative reforms.
“Policy measures including the removal of an unsustainable
fuel subsidy regime had to be taken,” he said.
“This, it must be admitted, has resulted in unexpected
adjustments that impact all facets of the economy and our daily lives.”
He claimed the Tinubu administration released the sum of
five billion Naira to each state to cushion the impact of the removal of fuel
subsidy.
”Approved a Wage Award of Thirty-five Thousand Naira for a
period of six months to cushion the effect on workers. This award was higher
than the minimum wage.
”Signed into law a new National Minimum Wage Act which
prescribed N70,000:00. This represents a more than 100% increase from the last
minimum wage (30,000) and takes retroactive effect from April, among others.
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