Nigerian President Tinubu acknowledges rising living costs and unemployment in speech, commits to economic measures and urges patience during reforms.

Nigerian President Bola Tinubu, in a nationwide address for the 64th Independence Day, acknowledged that his administration's policies have led to increased living costs and unemployment. He committed to measures aimed at reducing food prices and stabilizing the economy, including promoting mechanized farming and establishing a local assembly for farm equipment. Despite facing criticism and protests, Tinubu urged patience as reforms take effect.

September 30, 2024
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