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From Tony Osauzo, Benin
The Female Professionals Support Group for Tinubu and Good Governance, has outlined urgent steps to help cushion effects of fuel subsidy removal on citizens of the country.
According to the founder of the UK-based group, Dr. Mena M.D Akpoguma Okuoimose, “The President must urgently implement price caps on essential goods and services, promote provision of interest-free loans to support businesses, and reduce unnecessary government spending”.
Besides, she urged the government to increase tax collection efforts, boost export competitiveness and develop natural resources, and consider raising interest rates if necessary as a deliberate policy by focusing on building foreign currency reserves.
Dr. Okuoimose who spoke to journalists at the weekend, however assured that the inconvenience caused by fuel subsidy removal was temporary, promising that the gains of the policy will soon manifest.
She disclosed that “Nigeria has saved over $1.32 billion since July 2023, which can be used for infrastructure development and job creation.
We suggest setting up a commission to ensure funds are well managed and consideration of subsidising the effects of inflation on citizens”.
She explained that the group was formed originally, “with the aim of garnering both foreign and local support for Senator Bola Ahmed Tinubu’s presidential bid, as well as to support the All-Progressive Congress (APC) to promote good governance in his administration.
“Our group will liaise with Nigerian consulates overseas to boost business ties and enhance our country’s reputation.
“We also aim to promote Nigeria’s image at home and abroad and attract foreign investments, and encourage transparency, accountability, and anti-corruption measures across the administration.
“I am willing to use my extensive experience, including a doctorate in Business Administration and over 14 years in the UK National Health Service, to serve in any capacity that can benefit the country”, Dr. Okuoimose added.
She said her group has a history of supporting Nigeria, and is eager to contribute to the success of Senator Bola Ahmed Tinubu’s administration, adding “We will continue to promote and support the APC and work tirelessly to help bring meaningful development to our beloved country”.
