President Bola Tinubu announced a series of bold reforms aimed at tackling Nigeria’s economic challenges. Effective immediately, he announced a 50% reduction in his salary and called on top government officials, including the Vice President and Senate President, to do the same. The President emphasized that these measures are necessary sacrifices to lead the nation toward prosperity.
Key measures include scrapping the Office of the First Lady to cut costs, selling off idle presidential aircraft, and reducing the number of government ministries to a maximum of 36. Additionally, fuel and electricity subsidies will be restored to provide relief to citizens, and government officials will be mandated to use locally manufactured products to support domestic industries.
President Tinubu outlined further steps to reduce government expenses, such as reducing the number of political appointees, implementing e-governance, renegotiating government contracts, and freezing non-essential foreign trips. Notably, he announced a ban on foreign medical treatment for himself and all government officials, committing to the use of Nigerian hospitals to improve the nation’s healthcare system.
The President addressed the youth planning protests under the #endbadgovernment banner, urging them to give the government a chance to implement these reforms. He acknowledged their frustrations and called for unity in rebuilding the nation.
President Tinubu assured Nigerians that these measures are just the beginning of a comprehensive overhaul of governance structures, aiming to make them leaner, more efficient, and responsive to the needs of the people. He expressed confidence in the resilience and ingenuity of Nigerians, urging collective effort to overcome challenges and build a stronger, more prosperous Nigeria.
