..that is the best way to go
Says Nigeria can no longer be father X mass to West African countries.…..won’t reduce d size of cabinet
President Bola Ahmed Tinubu has said that he has no regret in removing fuel subsidy.
He declared in a Presidential Media chat that removing the subsidy is the best way to go adding that the country can no longer afford to be father Christmas to other West African countries because of payment of subsidy.
He told his interviewers that for Nigeria to achieve greatness,it has to do away with the Management stlee of the past and Embrace prudebt and efficient Management of the economy to enable the country attain greatness.
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the size of his cabinet adding that the country with its population need an effective and efficient cabinet.
” Imagine if you have to cook food for 200 million people how many cooks would you need talk less of waiters and others to make sure the food goes round.
He said that what the country needs now is efficiency of the Ministers and their ministries.
President Tinubu said that his government has been able to reduce debt servicing from 98% to below 65% adding that the country has maintain stability of the economy without resorting to Ways and Means that destroyed the economy.
He also said that various efforts taking has improved the nations security architecture especially in the Northern parts of the country.
Speaking further,the President said the best way to break ng down the prices of items is to increase supply by producing more.
According to him economic variables will change the more there is more production in the country adding,”I dont Believe in Price control . It is all about supply and demand ,the more supply you push into the Market, economic variables will take over.
