Tinubu Speaks On Subsidy Removal, Foreign Exchange, Says His Policies Yielding Results

EKO HOT BLOG reports that President Bola Tinubu has said his policies on fuel subsidy removal and foreign exchange have started yielding positive results.

According to the President, the Federal Government already received support and commendations from the global communities over those policies.

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The president made this known at the weekend at a Gala/Award Night event organised by the office of the Head of the Civil Service of the Federation (HOCSF).

This online media platform recalls that the President, in his inaugural speech on May 29, declared an end to the fuel subsidy regime and, subsequently, the devaluation of the naira.

Tinubu, who was represented by Secretary to the Government of the Federation, Senator George Akume, appreciated civil servants for their numerous contributions to the country’s economic development.

He, however, admitted that the policies had caused the masses much suffering but promised succour would come to them very soon.

“We shall without delay cushion the pains being experienced by our people as a result of these measures through a number of well-targeted interventions aimed at giving adequate relief and succour to a great number of our long-suffering citizens, ” he said.