November 5, 2024

 

Former Director General of the Peter Obi-Datti Presidential Campaign Organisation, Dr. Doyin Okupe, has praised President Bola Tinubu’s administration, asserting that Tinubu has consistently met Nigerians’ expectations.

In a statement issued on Sunday, Okupe lauded Tinubu’s handling of the nation’s economic challenges and his commitment to key issues such as debt reduction and social welfare.

Reacting to Tinubu’s national broadcast on economic hardship on Sunday, Okupe highlighted the administration’s achievements and ongoing efforts to improve economic stability and living conditions.

Okupe noted, “President Bola Tinubu’s speech has not disappointed Nigerians. For the first time, the President clearly outlined the precarious economic situation his administration inherited.”

He emphasized the government’s efforts to reduce the crippling debt servicing ratio from 97 per cent to 68 per cent, which, he said, was crucial given the potential for massive borrowing if the fuel subsidy had not been removed.

“The speech highlighted notable achievements, including more than doubling the minimum wage from N30,000 to N70,000 per month, committing over N45 billion to the student loan scheme, increasing national oil production to over 1.6 million barrels per day, and significant funding for MSMEs and youth development programs,” Okupe added.

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Okupe, in a statement published and obtained on his X handle, @doyinokupe, by PUNCH Online on Sunday also praised the government’s commitment to lowering the cost of living and food inflation through temporary food importation and tax reductions on essential goods.

“It is noteworthy that this administration’s performance compares favourably with many previous administrations,” he said.

He called on Nigerians to hold state and local governments accountable for their revenue inflows and acknowledged the President’s recognition of citizens’ right to protest.

“This speech has dispelled the misinformation about President Tinubu’s ability to handle economic challenges. It has renewed our hope for a brighter future for all Nigerians,” Okupe concluded. (Punch)

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