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Nigerian President Tinubu, Announces New Economic Reforms For Businesses - Politics - Nairaland

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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
cry
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:
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/

.
Re: Nigerian President Tinubu, Announces New Economic Reforms For Businesses by LexNuel(m): 3:15pm On Aug 01, 2023
darling4242:
We are just observing

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:
I have discovered that Tinubu is very perfect at making promises. Grant ke? Shee you dey whine mi ni!

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:


Abi na, what can we do? He has said what he said. Let’s observe and see whether he will fulfill it

Thank you oh, that's just my mind

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