Abiodun Urges Patience Over Tinubu's Economic Reforms - The Top Society

Abiodun Urges Patience Over Tinubu’s Economic Reforms

TOPSOCIETYNG

Governor Dapo Abiodun of Ogun State has appealed to Nigerians for patience amid the economic reforms introduced by President Bola Tinubu’s administration, emphasizing the inherited challenges from the previous government.

President Tinubu, who assumed office in May, has implemented bold economic measures, including the removal of the fuel subsidy and the floating of the naira, with the aim of revitalizing public finances and attracting foreign investment. However, these reforms have led to a significant surge in fuel prices and elevated food costs, causing immediate hardships for citizens.

Governor Abiodun, a fellow member of the All Progressives Congress (APC), remains optimistic about the long-term benefits of Tinubu’s policies and encourages Nigerians to exercise patience during this transitional period.

“The President Bola Ahmed Tinubu’s administration has been very bold and audacious. They have taken the bull by the horns. They have done what no other government has done in the history of Nigeria,” he said on Channels Television’s Sunday Politics.

“They have had to deregulate to save Nigerians and they deregulated at a time when the pricing of petroleum was at the largest margin. But knowing fully well, they either did that then or the country would be brought to its knees. Like they said, there can’t be any gain without pain. He has inherited an administration that was almost comatose.”

A’Court Divided on Ogun Governorship Election Validity 

Despite the initial economic challenges, Governor Abiodun highlights the government’s response to mitigate the impact.

“You know our President, besides being a former governor and a senator, he is also an accountant,” he said on the current affairs show.

“So, he is someone who is very spot on and all hands are on deck to turn this economy around. We are very hopeful and we can see the light at the end of the tunnel.”

The Tinubu administration has offered a comprehensive package, featuring a 35,000 naira ($45) monthly pay increase for federal employees over six months.

Additionally, temporary measures such as the suspension of VAT on diesel and social security cash transfers to the poorest citizens have been implemented to alleviate the burden on the most vulnerable.

These initiatives are seen as attempts to prevent widespread discontent and potential strikes by labour unions, who have expressed concerns over the economic adjustments.

Governor Abiodun remains confident that these short-term sacrifices will pave the way for a brighter future and urges citizens to support the government’s efforts in steering the nation towards economic stability.

Share this Article
Leave a comment