The Federal Government of Nigeria has said the President Bola Tinubu’s administration is making efforts to reduce the cost of living and put more money in the pockets of Nigerians.
This was made this known by the Minister of Information and National Orientation, Alhaji Mohammed Idris, on Thursday in Abuja at the ministerial briefing on the first year anniversary of Tinubu’s administration.
According to the Minister, the administration came on the mandate of Renewed Hope Agenda and had started laying a solid and lasting foundation that would make life better for the people.
“Landmark initiatives like the Consumer Credit Corporation, the Nigeria Education Loan Fund, Presidential Initiative on Compressed Natural Gas, the N200 billion Presidential Grant, and Students Loan Scheme attest to this.
“Also, the Agriculture and Food Security efforts (including the launch of dry season farming and massive fertilizer distribution), the Renewed Hope Infrastructure Development Fund (RHIDF), and the Renewed Hope Cities and Estates Programme are among the foundations.
“In addition is our reform efforts in the electricity sector, and in the area of taxes and fiscal policy, and the negotiations for a befitting new national minimum wage.
“These and so many other policies and programmes will directly touch and improve the lives and livelihoods of tens of millions of Nigerians.
“President Tinubu is making efforts and committed to ensuring the cost of living and doing business in Nigeria is brought down significantly by putting more money into the pockets of Nigerians,” he said.
Idris added that the President is attracting more local and foreign investment.
In commemoration of the administration’s first year anniversary, the Minister offered Nigerians the opportunity to tell their own stories
“We will not pause or relent until we have delivered truly Renewed Hope to all Nigerians,” he assured.
saharandaily