Nigeria’s commonwealth was stolen by a few people under the guise of subsidy over the past 40 years, according to President Bola Tinubu.
Tinubu made the statement on Monday at the second-term inauguration of Governor Hope Uzodinma of Imo State in Owerri.
He lamented that Nigerians are bearing the brunt of the previous loot.
The President, however, assured citizens that his administration is well aware of their concerns and is addressing the challenges brought on by the essential reforms.
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He also stressed that his administration will prioritize education and healthcare, and provide the necessary support for industrialization and investments to create a stable and prosperous country.
Tinubu said:
“In the past 40 years, a few people were cornering our commonwealth and calling it subsidy, but I call it wasteful. Right now, we are all bearing and sharing that pain. But things are looking up. Things will get better for the good of all Nigerians. With me, there is hope.
“I assure you that there will be substantial development in education for your children; priority is on industrialisation and healthcare will receive more allocation and attention. We will train more health workers.”