President Tinubu Responds To Nigerians, Dismisses N8,000 Palliative And Introduces Alternative Measures To Mitigate Subsidy Removal Impact

President Tinubu Responds To Nigerians, Dismisses N8,000 Palliative And Introduces Alternative Measures To Mitigate Subsidy Removal Impact

Written By Oshiobugie Omo-Ikirodah

It is evident that engaging in constant dialogue with the Nigerian people has become an integral part of President Bola Ahmed Tinubu’s administration. From the onset, President Tinubu made a commitment to prioritize the welfare and security of the citizens through his government’s Renewed Hope Agenda. CONTINUE READING

READ ALSO: BREAKING: President TinuBOOM Repays Eurobond $500m Borrowed In 2013 By Ex-President Jonathan’s Government – BushRadio (bushradiogist.com)

In recent days, both traditional and new media platforms have been flooded with reports of the government’s plan to implement conditional cash transfers to vulnerable households affected by the necessary but difficult decision to remove fuel subsidies.

Unfortunately, there have been numerous misinterpretations and misguided criticisms surrounding this program from a number of uninformed individuals. However, the administration firmly believes in the principle that when a prohibition is introduced, there must also be provision. With the elimination of the economically burdensome subsidy, the government has implemented a wide range of relief measures to alleviate the difficulties faced by Nigerians. CONTINUE READING

READ ALSO: Former Minister, Keyamo Criticizes Anti-Tinubu Supporters For Emotional Outbursts, Urges Patience for Judiciary’s Constitutional Role – BushRadio (bushradiogist.com)

While it should be acknowledged that the cash transfer program is just one component of President Bola Ahmed Tinubu’s comprehensive relief package, the President, as a responsive leader who is dedicated to prioritizing the needs of Nigerians, has directed the following:

1. The immediate review of the proposed N8,000 conditional cash transfer program for vulnerable households, in response to the concerns expressed by Nigerians.
2. The unveiling of the entire range of government palliative measures to the Nigerian people.
3. The prompt distribution of fertilizers and grains to approximately 50 million farmers and households across all 36 states and the Federal Capital Territory.

Furthermore, the President reassures Nigerians that the N500 billion approved by the parliament to mitigate the impact of subsidy removal will be utilized judiciously. The benefits of these relief measures will be extended to all Nigerians, regardless of their ethnic, religious, or political affiliations.

President Bola Tinubu remains committed to prioritizing the well-being of Nigerians, and he unwaveringly stands by this pledge. Several decisions made by his administration thus far have clearly demonstrated this commitment.

Recall that the President previously took similar action after listening to complaints from the business community and stakeholders regarding burdensome taxes, particularly the multiplicity of taxes they faced. In response, he signed four executive orders canceling certain tax categories and postponing the implementation dates of others.

Moreover, the President has established a Tax Reform/Fiscal Policy Committee to generate recommendations aimed at creating a favorable fiscal environment for the country and removing barriers that hinder business growth.

Nigerians can rest assured that President Tinubu will continue to be a receptive leader, attentively considering the views expressed by the citizens. He firmly believes that the government exists to safeguard the interests of the people, and his actions have unequivocally demonstrated this commitment.

Source: Bushradiogist