In a compelling address to the Nigerian youth, President Bola Tinubu has earnestly implored their unwavering patience and empathetic comprehension in the face of the adversities stemming from the economic initiatives implemented by his administration.
Tinubu eloquently expounded upon the prevailing tribulations that our nation is presently grappling with, assuring us that they shall ultimately dissipate, making room for a more just, thriving, and all-encompassing economy.
On Thursday, in the esteemed confines of the nation’s capital, the distinguished individual in question bestowed upon us a resolute affirmation. This momentous occasion took place during a gathering with the esteemed All Progressives Congress (APC) National Youth Leaders hailing from the 36 States of our great federation, as well as the Federal Capital Territory, Abuja.
In a resolute declaration, the esteemed President unequivocally affirmed, “I hereby solemnly pledge to the nation that this administration shall not shy away from making arduous decisions in pursuit of the collective welfare and unification of our great land.” The pace of economic reforms may potentially exhibit a gradual trajectory. In this current juncture, it is imperative that we exercise a modicum of patience, dear citizens.
Rest assured, I possess a profound comprehension of the afflictions that currently beset you. The arduous task of eradicating the long-standing behemoth known as fuel subsidy is no small feat.
According to a recent report by the Gist House, the Nigerian populace has been subjected to an increased level of adversity subsequent to the elimination of fuel subsidies approximately two months ago.
The recent elimination of fuel subsidies has had far-reaching consequences, manifesting in the form of escalating prices across various sectors of the economy. Notably, essential commodities such as food items, goods, and services, as well as transportation, have all experienced a notable surge in their costs.