Bola Ahmed Tinubu, the president of Nigeria, wasted no time in getting to work right from the Inauguration ground.
In his speech delivered at the villa park after being sworn in as the newest president in the world. He made a significant declarations regarding the country’s economic policies.
One key announcement made by president Bola Ahmed Tinubu was the end of the era of fuel subsidies. He emphasized that the Government will no longer provide subsidies for fuel.
Signaling a significant shift in the country approach to managing fuel prices.
Further more, President Tinubu also addressed the issue of exchange rate. Declaring that there will be a unified foreign exchange rate.
This move aims to streamline the exchange rate system and reduce discrepancies in currency valuation.
In addition, President Bola Tinubu expressed his commitment to reducing interest rates, by lowering interest rates, the Government intents to stimulate economic growth, encourage investment, and make credit more accessible to businesses and individuals.
With all the huge development few minutes after being sworn in as the president of Nigeria, I’m I believe that Tinubu will deliver excellently and might be the best President Nigeria has ever had.