President Bola Ahmed Tinubu has assured Nigerians that the economic situation will improve and pains will give way to prosperity.
Urging citizens not to despair, he said things would get better.
House Representatives Speaker Tajudeen Abbas also urged Nigerians to exercise patience and cooperate with the government in its bid to effectively implement the economic reforms that will soothe the pains.
President Tinubu and the Speaker spoke on the prospect of economic recovery yesterday as workers staged protests in state capitals and the Federal Capital Territory (FCT) over the high cost of living.
The President said: “We must assure Nigerians that there is light at the end of the tunnel.
“We might be going through a difficult period now, but when you look at the Infrastructure Concession Regulatory Commission, the Federal Ministry of Finance, Budget and National Planning, and people manning the ship of this country, including Central Bank of Nigeria (governor), they have collaborated and in the spirit of development and progress, we are glad that good effort is being made to retool, re-engineer the finances of the country and make growth our hallmark.”
The President spoke during the unveiling of the handbook on Expatriate Employment Levy (EEL).