₦airaland Forum

“Nigeria Is NOT Rich, Spend Your Resources Judiciously” – Tinubu’s Minister Warns Nigerians

The Minister of Budget and National Planning, Atiku Bagudu, has urged Nigerian families to have frank discussions about managing their resources carefully, advising them to prioritize basic needs.

The minister stated that Nigeria is not as wealthy as many believe, even as he called for more prudent financial management at both the national and household levels.

Bagudu made the remarks on Wednesday in Abuja, following a meeting between Federal Government officials and representatives from the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC).

The meeting comes in the wake of widespread economic hardship, worsened by the soaring costs of energy and food.

“The Bola Tinubu administration has made bold choices that, while challenging, are necessary for long-term growth,” Bagudu said.

He defended the government’s policies, noting that state and local governments are now better funded and that reforms are already yielding positive results in terms of investment.

“Tough decisions might come with some challenges, but we are dealing with them. Most of the measures taken have begun to yield a greater level of investment.

“We believe we have stopped the decline. We are not where we want to be yet, but let us confront our realities. We must tell ourselves that we are not as rich as we thought we were,” he stated.

Bagudu stressed the need for collective action, both at the family level and the national level, to mobilize resources effectively in response to the country’s economic challenges.

Nigerians are grappling with one of the worst economic crises in decades, as inflation surges, driven by skyrocketing energy and food costs.

Critics have pointed to President Bola Tinubu’s twin policies of petrol subsidy removal and the unification of foreign exchange rates as major contributors to the current economic instability.

Many believe these policies have led to unbearable inflation and an unprecedented rise in living costs.

Source : https://politicsnigeria.com/nigeria-is-not-rich-spend-your-resources-judiciously-tinubus-minister-warns-nigerians/

Na God go punish these people, we keep tightening our belts while they continue spending scarce resources lavishly

What exactly are this Bold choices Tinubu has made

Someone list them please

1) we are still paying fuel subsidies thats very obvious

2) we are still actively defending the naira

And these two policy even if he did are not policy that would yield any positive results for Nigerians

So please someone tell me this Hard choice policy that is making us endure the hardship

Nigeria is not rich but Tinubu bought a new aircraft, bought an All black Armored Cadillac escalade SUV discarding the Mercedes Benz Maybach S class Buhari used, bought a presidential yacht, engage in frivolous travels outside the country

Thunder 🔥 Tinubu

We are not rich, but we are better than we were under the previous administration.

Must you always defend nonsense? It's your ilk that make people believe Tinubu supporters are unintelligent.
Try to be believable abeg.

trutharena:
We are not rich, but we are better than we were under the previous administration.

Poor country with rich leaders

This is a big lie from Tpain minister.

Nigeria is a very rich country. We produce 1.6m barrels of crude for 250million people. Tinubu should be able to give each Nigeria 1m monthly and we will still have some reserve left.

Infact, we should be able to pay subsidy on food, oil, electricity, and bring our FX to $1 = N100 with the money we have.

The country isn't rich but the little we have is being squandered on frivolities by those in government.
Na only Nigerian government dey give advise they themselves don't follow.

By and use naija but Mr President went for a foreign ride.

Use CNG but no government official has posted their cars being converted to CNG.

The people should manage because we are in the process of reforms but government keeps balling hard every day... Anyone that understands Nigeria is just joking

Nigeria is very rich but you lots have made Nigerians poor

We are not as rich as we thought we are.

We are not rich, but all our president, vp, govs, ministers, perm sec, dg, military chief are all billionaires

But all our politicians are rich and spend extravagantly.
Make una dey play

NawAooo

Righthussle:
Poor country with rich leaders

That's the irony of life

Confusion😵😵😵 is

Na ogun go kill our politicians from top to bottom , very insensitive and evil set of people.

Lobatan

These people has no solution to Nigeria problem.

Hmm

LegendHero:
This is a big lie from Tpain minister.

Nigeria is a very rich country. We produce 1.6m barrels of crude for 250million people. Tinubu should be able to give each Nigeria 1m monthly and we will still have some reserve left.

Infact, we should be able to pay subsidy on food, oil, electricity, and bring our FX to $1 = N100 with the money we have.

😅😅😅😅😅

Nigeria is not rich but it is rich enough to sustain the ostentatious lifestyles of the political elites. The citizens are mere appendages.

Warn yourself with your lavish expenditures.

Wisdomkosi:
“Nigeria Is NOT Rich, Spend Your Resources Judiciously” – Tinubu’s Minister Warns Nigerians



Source : https://politicsnigeria.com/nigeria-is-not-rich-spend-your-resources-judiciously-tinubus-minister-warns-nigerians/

Look at this thief. Running his mouth because he is in a country like Nigeria, when he should be cooling his dirty heels in jail, were he in a sane environment.

Nawa o

Opportunist

Lol...

A known bagman and looter of the commonwealth of Nigerians...

Bat just appointed his replicas. People of no integrity and morals.

You tell Nigerians to endure the needless hardship you caused but make no sacrifices on your part.

They tell Nigerians to support local industries but the president vacations abroad and uses the presidential jet for private errands without accountability to the masses.

Lol. They are really rubbing the poo on people's faces.

trutharena:
We are not rich, but we are better than we were under the previous administration.

afj bst

Bobloco:
Nigeria is not rich but Tinubu bought a new aircraft, bought an All black Armored Cadillac escalade SUV discarding the Mercedes Benz Maybach S class Buhari used, bought a presidential yacht, engage in frivolous travels outside the country

Thunder 🔥 Tinubu

thunder is easy ..... paralysis of the anus should scatter him...let his old stomach get swollen

Says a yatch and private jet buyer

Our mumu never do

The problem of this country is, those with power has no sense and those with sense has no power