President Bola Tinubu has restated the Federal Government’s committed towards reversing the worrisome trends in the economy.
Tinubu stated this at the opening of the All Nigeria Editors Conference (ANEC) in Uyo on Wednesday.
Represented by the Minister of Information, Mohammed Idris, the president said he was aware of the pains being faced by Nigerians.
He said his administration had taken critical steps towards cushioning the effects of petrol subsidy removal on the citizenry.
He listed the N35,000 wage increment to civil servants, N100 billion CNG powered buses and singing of five executive orders to improve business as some of the steps taken by his administration.
Others are moves to clear billions of dollars in inherited foreign exchange backlog and the establishment of task reform committee to reduce tax burden on Nigerians.
”The pains being faced by Nigerians are necessary sacrifices we have to make.
”We are all stakeholders in the project of developing our dear nation,” he said.
Tinubu said that his administration was not resting on its oars to ensure a thriving and prosperous nation.
He said the current administration was committed towards stimulating discussion towards economic growth.
Tinubu tasked the media to ensure truth and objectivity in the reportage of national issues.
The theme for the conference is: Stimulating Economic Growth, Technological Advancement: Role of the Media.