Expect More H@rsh Policies – Tinubu’s Minister Mohammed Idris Tell Nigerians

President Bola Ahmed Tinubu, minister of information, Mohammed Idris, has revealed President will implement more biting reforms to “shape” the country despite lingering economic hardship.

In an article circulated on social media platforms on Thursday, 6th of June, 2024.

Mr Idris praised his principal, Tinubu for keeping his campaign promises, removing the fuel subsidy, floating the naira, and other reforms, insisting that the president would make “more difficult decisions.”

The minister said,

“More difficult decisions lie ahead before Nigeria is reshaped and growing economically to the benefit of its citizens and the wider continent of Africa.

“Tinubu has done what he promised on the economy: he has removed the fuel subsidy, floated the Naira, and instituted a raft of other reforms, including changes to the tax code and waivers for foreign investors in critical industries including mining, energy, and infrastructure.”

29th of May, 2023 was the day Mr Tinubu assumed office, declaring immediate removal of fuel subsidy and floating of the naira. His dual policies saw fuel prices jump from N145 to N710 and the naira trade for around N1,500 to a dollar, while transportation and food costs shot through the roof.

Mr Tinubu marked one year tenure in office, last month May 29, amid knocks and criticisms from Nigerians lamenting spiking food inflation, economic hardship and insecurity.

Experts and the International Monetary Fund have lauded Mr Tinubu’s economic policies. However, official records show that food inflation is 40 per cent since he came on seat [CONTINUE READING HERE]>>>>