As the President-elect, Asiwaju Bola Tinubu, takes the oath of office as Nigeria’s 16th President today, Nigerians have demanded quick actions in the areas of the economy, security, fuel subsidy and other critical sectors.
“Even though MAN is an advocacy group and apolitical, we have expectations from the incoming government and look forward to working with them to accelerate the economic development of Nigeria, particularly the manufacturing sector.
According to the LCCI, the incoming government must review the fiscal policy gaps, unsuitable monetary policies, and administrative inefficiencies which are inimical to the proper functioning of the economy. “The LCCI encourages the new government to tackle the issue of subsidy removal with alacrity and with its economic consciousness. The decision, however, must be combined with humaneness for the sake of the most vulnerable. Security is an issue that must also be dealt with in order to ensure a conducive investment climate.”While wishing him well, the congress noted that its stance on the removal of the fuel subsidy remained the same.
Buhari, who admitted that his policies brought “temporary pain and suffering” to millions of Nigerians said they “yielded the desired results” nonetheless.
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