News Formal

August 1 protest: Nigeria’s Finance Minister Edun reveals Tinubu’s fear

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 23 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Edun News

Tinubu

The Minister of Finance, Wale Edun, said the major concern of President Bola Ahmed ahead of the planned August 1, 2024, hardship protest is how to safeguard the gains of his government in the past 15 months. Edun disclosed this on Wednesday during a press briefing in Abuja.

According to him, the president desires that protests be peaceful so that Nigeria's economic recovery momentum will not be dislodged. Edun noted that Tinubu understands the concerns of Nigerians and is working round the clock to proffer lasting solutions. 'He is concerned that the protests will remain peaceful and orderly, such that the gains that have been made over the past 12 to 15 months should not be dissipated.

The momentum that has been achieved in the Nigerian economy should not be dislodged, disturbed or dissipated. 'I think, amongst many other well-meaning Nigerians, the President truly understands the concerns that are being expressed, particularly the high and limited cost of living, which is not beneficial to Nigeria at this stage,' he said. The minister commented barely hours before the planned August 1 protest nationwide.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

We’re optimistic Nigeria’s inflation will moderate – Finance Minister, EdunMinister of Finance, Wale Edun has expressed optimism that Nigeria's rising inflation which stood at 34.19 percent in June would moderate in the coming months. Edun disclosed this during a press briefing in Abuja on Thursday.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Nigeria’s debt service crashes, revenue rises – Finance minister, EdunThe Minister of Finance, Wale Edun, says the Federal Government has recorded significant strides in its fiscal management, with a dramatic decline in debt service and a surge in non-oil revenue. Edun made this known on Thursday in Abuja during an assessment of the economy’s first-half performance.
Source: DailyPostNGR - 🏆 11. / 59 Read more »