Home Back

Dr Ossai Edmund Gives 2 Bold Economic Decisions President Tinubu Made

opera.com 2024/9/28

Dr. Ossai Ossai Edmund, a university teacher and public health consultant, showcased optimism about President Tinubu's administration in Nigeria. He highlighted two key economic decisions made by the President: the removal of the fuel subsidy and floating of the Naira. The removal of the fuel subsidy can impact government finances positively but might increase fuel prices and lead to public discontent. Floating the Naira could result in economic gains like boosted exports but may also introduce currency volatility.

According to him, these decisions have the potential to transform Nigeria's economy, requiring careful implementation and monitoring for success.

According to The Sun, Edmund said, "I am just optimistic that President Tinubu is aware that Nigerians expect so much from him and his government and I hope he will rise to the challenges. Much is needed to be done to improve the lives of Nigerians from what the situation is at present. The president took two courageous economic decisions on the day he was sworn in. These are the removal of fuel subsidy and the floating of the Naira."

People are also reading