President Bola Tinubu has addressed the nation for the second time in a week, acknowledging the current economic hardships, particularly those resulting from the removal of fuel subsidies. In his August 7, 2024, statement, Tinubu admitted that there was an “avoidable lag” between the subsidy removal and the implementation of his administration’s plans, which compounded the difficulties faced by Nigerians.
Tinubu urged citizens to remain patient and confident in his government’s ability to navigate the economic challenges. He highlighted upcoming measures, including making education more affordable and providing student loans, to alleviate the financial burden on Nigerians. The President reassured the public that the government’s initiatives are aimed at improving the nation’s future and promised continued efforts to address the current turbulence.
