Nigeria APC Chairman Says FG Implementing Interventions to Cushion Reform Effects on Workers

The Digest:

APC National Chairman Nentawe Yilwatda has assured Nigerian workers that the federal government is implementing interventions to cushion the effects of ongoing economic reforms. In a Workers' Day statement, Yilwatda praised workers for their resilience amid economic hardship. He defended reforms including fuel subsidy removal, FX unification, increased infrastructure investment, and industrialisation, admitting they have brought "short-term difficulties" but are necessary for sustainable growth.

Key Points:

• Yilwatda described President Tinubu as a "worker-friendly leader."
• He said the reforms are designed to stimulate productivity and create jobs.
• The chairman acknowledged workers' understanding and perseverance.
• He urged workers to remain steadfast and supportive of the development agenda.
• The statement comes as petrol prices hit N1,444 per litre on Workers' Day.

Yilwatda said the government is rolling out targeted interventions to mitigate reform impacts.

Sources: Vanguard