President Bola Tinubu of Nigeria has taken action by creating a taskforce to develop emergency solutions to tackle the country’s ailing economy. Many Nigerians are struggling as their wages fail to keep up with the increasing costs of essential goods. Apexnewsgh reports
The economic difficulties have caused widespread hardship and placed immense pressure on Tinubu’s administration. Some critics have attributed the problems to the government’s decision to remove fuel subsidies and devalue the nation’s currency, the naira. However, officials maintain that economic reform is crucial for Nigeria’s future.
President Tinubu has instructed the taskforce to present a comprehensive plan of economic interventions within two weeks, with the aim of implementing these changes over the next six months. The team is comprised of key government officials and leaders from various industries.
Additionally, the President has established the Presidential Economic Coordination Council (PECC), which will be chaired by him and will oversee the implementation of economic reforms in the country. This move signifies Tinubu’s commitment to addressing Nigeria’s economic challenges and working towards a brighter future for its citizens.
Source: Apexnewsgh.com/Ghana
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