Mr. Victor Muruako, the chairman of the Fiscal Responsibility Commission (FRC), has emphasized the importance of investing in basic amenities to enhance the well-being of citizens. In an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday,
Muruako called on the government to focus on improving the public sector of the economy, thereby alleviating the hardships faced by citizens due to the removal of fuel subsidies.
Muruako highlighted the significance of providing an efficient transport system, reliable electricity, and ensuring uninterrupted academic activities on campuses by addressing strikes. He also stressed the need for the government to review measures that would support citizens in their small and medium-scale businesses.
While acknowledging the potential positive impact of the proposed salary increase for public office holders, Muruako emphasized the importance of addressing fundamental issues before considering such an increment. He expressed confidence in President Bola Tinubu’s ability to tackle these challenges effectively.
The House of Representatives approved President Bola Tinubu’s request for N500 billion to be allocated to palliatives aimed at mitigating the effects of fuel subsidy removal. As part of this initiative, N8,000 was announced to be paid monthly to 12 million households over a period of six months.
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