TINUBU TELLS NIGERIANS NOT TO WORRY ABOUT INFLATION.

President Bola Tinubu assures Nigerians that his administration would amend the country’s economic challenges, alongside bringing down the Inflation.

He explains that even though he does not have a magic wand, Nigerians should not worry as he is determined to eradicate inflation. 

Recalling Tinubu’s removal of fuel subsidy including the unification of the exchange rate on resumption of office in May 2023, Nigeria’s inflation rate has steadily increased, causing economic hardship to the people. 

On Wednesday night when he hosted members of the All Progressives Congress, APC, Presidential Campaign Council, PCC, and the Independent Campaign Council to Iftar at the Old Banquet Hall, Presidential Villa, Abuja. 

He assured that the path to take the Nigerian child out of poverty has been cleared with his signing into law of the Student Loans Re-enactment Bill.

He Expresses his awareness of the several damages inflation as caused in the economy and assures that he is doing his possible best to solve it.

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the Chairman of House of Representatives’ Committee on Student’s Loan, Gboyega Isiaka also assured Nigerians of the present administration’s resolve towards ensuring adequate funding of the Student’s Loan scheme for the benefits of students.

The National Bureau of Statistics, NBS, said inflation rose to 31.7 per cent in February 2024, up from 29.9 per cent in the previous month.