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Nairaland Forum / Nairaland / General / Politics / Nigerian President Tinubu, Announces New Economic Reforms For Businesses (279 Views)
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Nigerian President Tinubu, Announces New Economic Reforms For Businesses by LexNuel(m): 2:18pm On Aug 01, 2023 |
In a live broadcast, President Bola Ahmed Tinubu addressed the nation, outlining key measures to combat economic challenges and support businesses. The president's speech focused on the importance of transparency, fairness, and inclusive economic growth. For the long-term prosperity of the nation, President Tinubu reiterated his commitment to reforming the economy and addressing major imbalances. Key policy changes so far include abolishing the fuel subsidy and overhauling the multiple exchange rate system. According to the president, these policies are central to achieving economic transformation. Key Takeaways for Businesses The president signed four (4) Executive Orders last month, targeting unfriendly fiscal policies and multiple taxes hampering the business environment. In his address, he presented measures to mitigate the current economic impact on businesses, the working class, and vulnerable citizens. He also had specific focus on MSMEs, Manufacturing and agricultural sectors which I’ll summarize below: Empowering Micro, Small, and Medium-sized Enterprises (MSMEs) Recognizing the pivotal role of MSMEs in driving growth, the government is pledging N125 billion to invigorate this sector. The commitment includes providing conditional grants to one million nano businesses and financing 100,000 MSMEs and start-ups by March 2024. Read Full Article here https://amebopreneur.com/nigerian-president-tinubu-announces-new-economic-reforms/ .
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Re: Nigerian President Tinubu, Announces New Economic Reforms For Businesses by Alchemy528: 2:18pm On Aug 01, 2023 |
Re: Nigerian President Tinubu, Announces New Economic Reforms For Businesses by Nobody: 2:19pm On Aug 01, 2023 |
We are just observing |
Re: Nigerian President Tinubu, Announces New Economic Reforms For Businesses by adebayo987: 2:41pm On Aug 01, 2023 |
I have discovered that Tinubu is very perfect at making promises. Grant ke? Shee you dey whine mi ni! LexNuel: |
Re: Nigerian President Tinubu, Announces New Economic Reforms For Businesses by LexNuel(m): 3:15pm On Aug 01, 2023 |
darling4242: Abi na, what can we do? He has said what he said. Let’s observe and see whether he will fulfill it |
Re: Nigerian President Tinubu, Announces New Economic Reforms For Businesses by LexNuel(m): 3:16pm On Aug 01, 2023 |
adebayo987: He’s a politician.. na their way be that ..lol .. but I think we can observe first and see whether he fulfills these promises or even parts of the promises sef |
Re: Nigerian President Tinubu, Announces New Economic Reforms For Businesses by Nobody: 3:18pm On Aug 01, 2023 |
LexNuel: Thank you oh, that's just my mind |
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