President Tinubu Calls for Perseverance Amid Subsidy Discontinuation, Assures a More Prosperous Economy

President Bola Tinubu urged Nigerians to persevere with his administration as the country undergoes economic reforms after the discontinuance of petrol subsidy on May 29. Tinubu acknowledged the hardships experienced by citizens due to the necessary changes and assured them that the current challenges would eventually lead to a more prosperous, equitable, and inclusive economy.

Addressing a delegation of youth leaders from across the 36 states, led by the All Progressives Congress Youth Leader, Mr. Dayo Israel, at the State House in Abuja, President Tinubu emphasized the significance of the economic reforms undertaken in the past 50 days. He explained that the country could no longer afford the subsidy, which primarily benefitted a few elites at the expense of the majority of Nigerians.

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President Tinubu reaffirmed his commitment to include the youth in governance and decision-making processes, stating that his administration would prioritize the prosperity and unity of the nation. He also promised to widen opportunities for women and young people, including providing access to single-digit loans for Nigerian Micro, Small, and Medium Enterprises.

Earlier, the APC National Youth Leader, Mr. Dayo Israel, congratulated President Tinubu on the party’s victory at the polls and sought inclusion in appointments into the dissolved boards and agencies of the government.

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