POLITICS TODAY

Nigerian Political News Media
16 Takeaways from Tinubu’s presidential address
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By John Mayaki

• President Tinubu has directed the release of over 200,000 Metric Tonnes of grains to families in the 36 States and the Federal Capital Territory, Abuja.

• The government is working to ensure vulnerable students benefit from Conditional Cash Transfers and food distribution.

• Provision of buses to students’ bodies in all Universities, Polytechnics, and Colleges of Education to ease transportation costs.

• President Tinubu approved the removal of all restrictions on the Students’ Loan, making it available to any student or household in need.

• Federal Institutions of higher learning are directed to avoid arbitrary increases in sundry fees and, if possible, defer further increases to ease financial burdens on parents and students.

•. Plan to support cultivation of 500,000 hectares of farmland and all-year-round farming practice remains on course.

• N200 billion out of the N500 billion approved by the National Assembly will be disbursed as follows:

• N50 billion for cultivating 150,000 hectares of rice

• N50 billion for cultivating 150,000 hectares of maize

• N50 billion for cultivating 100,000 hectares of wheat

• N50 billion for cultivating 100,000 hectares of cassava

•. The government will invest N75 billion to support the manufacturing sector and N125 billion to energize micro, small, and medium-sized enterprises.

• An Infrastructure Support Fund for the States will improve healthcare, education, and rural access roads.

• N100 billion will be invested in 3000 units of 20-seater CNG-fueled buses for mass transit at affordable rates.

• A new national minimum wage is being negotiated in collaboration with labor unions.

• Over a trillion Naira has been saved by removing the fuel subsidy, which will now be used for more beneficial purposes, such as affordable education and student loans.


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