Deputy Speaker, House of Representatives, Benjamin Kalu, has congratulated President Bola Tinubu on his second anniversary in office.
Mr Kalu said that the coming of President Tinubu saved the nation’s economy from collapse.
He commended the courage displayed by President Tinubu leading to the removal of oil subsidy.
The Deputy Speaker also applauded the bold decision of the President to remove oil subsidies, which he likened to a ‘whited sepulcher’ – appearing healthy externally but lifeless internally.
He said that the subsidies were draining the economy of the country with no significant benefits to the people.
The Deputy Speaker also pointed attention to the many other landmark achievements of the President, included the Presidential Loan and Grant Scheme with over 900,000 beneficiaries; Students Loan Scheme with over 300,000 beneficiaries and the clearing of over $10 billion Foreign exchange debt.
Others include over 440 ongoing road projects, including more than 2,700km of superhighways; 3.84% GDP growth in 04 2024, highest in 3 years; N70,000 minimum wage payment; the decimation of insurgency affecting over 13,500 terrorists; over $50 billion in new Foreign direct investment commitments, Net Foreign Exchange achieved; rise of reserve from $3.99 billion in 2023 to $23.11 billion in 2024; the unlocking of over $8 billion in new oil and gas investments; the passage of 4 new landmark tax bills and creation of regional development Commissions.
He expressed confidence that the President Tinubu-led administration will continue to drive positive change, urging Nigerians to support the government.
He also assured that the parliament will continue to prioritise the enactment of people-oriented laws to complement the administration’s efforts.
