Tinubu announces a N500 billion palliative plan to address the impact of the fuel subsidy removal in Nigeria

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Tinubu announces a N500 billion palliative plan to address the impact of the fuel subsidy removal in Nigeria. He will invest N100 billion in acquiring 3000 20-seater CNG-fueled buses to ease transportation costs. Additionally, N125 billion will be allocated to support micro, small, and medium-sized enterprises, with N50 billion providing conditional grants to one million nano businesses across the country. N75 billion will be dedicated to the manufacturing sector, aiming to fund 75 enterprises to boost economic growth and create jobs. Tinubu reassures Nigerians that things will improve soon and urges them to have faith in the government’s ability to deliver.

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