May 29: How Tinubu saved the economy of Nigeria del Collapse – Kalu

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Vice President, House of Representatives, Hon. Benjamin Kalu congratulated President Bola Ahmed Tinubu on Wednesday for his second anniversary in office.

It will be recalled that President Tinubu was sworn as president of Nigeria on May 29, 2023, since he overwhelmingly won the presidential elections.

In a statement to commemorate the second year in office, HE. Kalu said the arrival of President Tinubu saved the economy of the Nation of Collapse.

He particularly claimed the courage he exhibits for President Tinubu, which led to the elimination of oil subsidy.

Excmo Alu particularly praised the bold decision of the president to eliminate oil subsidies, which he compared with a 'sepulcher with verification', which appears healthy externally but lifeless internally.

He said that subsidies were exhausting the country's economy without significant benefits for people.

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The vice president also praised the president for many other historical achievements that included the presidential loan and the subsidy

Scheme with more than 900,000 beneficiaries;

Loan scheme of students with more than 300,000 beneficiaries and the elimination of more than $ 10 billion of FX debt.

Others include more than 440 current road projects, including more than 2,700 km of overlapping roads; 3.84% GDP growth in 04 2024, higher in 3 years; N70,000 Minimum wage payment; the decimation of the insurgency that affects more than 13,500 terrorists; More than $ 50 billion in new FDI commitments achieved by net currencies; the reserve of $ 3.99 billion in 2023 to $ 23.11 billion in 2024; the unlock of more than $ 8 billion in new oil investments @y gas; The approval of 4 new historical taxes and the creation of regional development commissions.

Excmo Kalu expressed its confidence that the administration led by Tinubu will continue to promote a positive change, urging the Nigerians to support the government.

He also assured that Parliament will continue to prioritize the promulgation of laws oriented to people to complement the efforts of the administration.

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