President Bola Tinubu on Tuesday, October 22, met with Abubakar Atiku Bagudu, the minister of budget and economic planning......Read The Full Article>>.....Read The Full Article>>
Bayo Onanuga, Tinubu’s special adviser on information and strategy, shared the update in a terse statement.
It was the Nigerian leader’s second day at work following his two-week vacation abroad.
Olasupo Olusi, the chief executive officer (CEO) of the Bank of Industry (BoI); and Uzoma Nwagba, CreditCorp boss, were also at the meeting.
Although details of the meeting were not immediately disclosed, Legit.ng understands that it is connected with the lingering economic hardship in the country.
Frustrated with growing economic hardships, Nigerians staged nationwide protests against the crisis in August and October.
Amid the disturbing situation, officials within the presidency insisted that the current administration is trying to fix the problems.
Earlier, Dada Olusegun, the special assistant to President Tinubu on social media, acknowledged that it has been a challenging year so far. Olusegun, however, added that “so much progress has been made in the bid to reposition the economy for a sustainable future.”
The presidential aide stated that the effects of fuel subsidy removal in May 2023 and other presidential reforms have been promising.
Lawmakers warn Tinubu
Earlier, Legit reported that members of the house of representatives said the indiscriminate hike of fuel price to (upwards of) N1,300 per litre was alarming.
The lawmakers warned that the fuel price hike would naturally lead to widespread anger among the masses.
