According to the minister, another example of President Tinubu’s initiative is the introduction of the Nigerian Student Loan Scheme to increase access to higher education and reduce financial burden on students.
Mohammed Badaru Abubakar, Nigeria’s Minister of Defence has urged organisers of the proposed #EndBadGovernanceInNigeria protest to shelve the idea and engage in dialogue with the Federal Government.
He emphasised that President Tinubu's reforms are yielding positive results, with the nation's economy on a steady path to recovery.
According to Badaru, in a statement signed by Henshaw Ogubike, Director of Information and Public Relations of the ministry, on Tuesday, the reforms initiated by the President have started improving the lives of Nigerians as the economic growth in Q1 2024 was the second fastest first-quarter growth in the last six years.
“There is serious improvement in security as most of the roads and highways hitherto closed due to insecurity have been opened. Herders and farmers clashes have been solved by the creation of Livestock Ministry and many farmers have returned to their farms,” he said.
According to the minister, another example of President Tinubu’s initiative is the introduction of the Nigerian Student Loan Scheme to increase access to higher education and reduce financial burden on students.
Furthermore, he said that another innovation of the President is the massive increase in funding for infrastructures like roads, rails, energy, irrigation (dams and channels) through the Renewed Hope Infrastructure Development Fund (RHIDF).
The minister opined that the innovation of selling crude oil to indigenous refining companies in Naira is “another robust effort by Mr. President and the signing of the National Minimum Wage Act into Law, which is aimed at enhancing the welfare of the Nigerian Workers are all efforts at stabilising the economy”.
While acknowledging the democratic right to protest, the minister cautioned against using the protest to cause mayhem, emphasising that the proposed August 1 protest is “poorly timed given the positive turnaround in the economy”.
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