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PRESIDENT TINUBU
President Tinubu has assented to the 2023 Electricity Act which is a replacement for the Electricity and Power Sector Reform Act of 2005.
President Asiwaju Bola Tinubu has directed Vice-President Shettima-led National Economic Council (NEC) to quickly fashion out a modus operandi for distributing palliatives to ameliorate the effects of the fuel subsidy removal on Nigerians.
SERAP urged President Tinubu to name and shame anyone suspected to be responsible for the alleged corruption in the use of oil revenues and the management of public funds budgeted as fuel subsidies.
An official of the All Progressives Congress (APC) Prof. Tai Balofin, has urged Nigerians to trust President Bola Tinubu to work out palliatives to cushion the effect of fuel subsidy removal.
President Tinubu emphasized that his administration will prioritize job creation, food security, and the eradication of extreme poverty as key aspects of its economic development model.
In his inaugural speech in Abuja on Monday, President Bola Ahmed Tinubu announced that his administration would treat both the old and the new naira notes as legal tender.