Middle East Crisis: Tinubu orders roll out of measures to ease economic pressures on Nigerians

President Bola Tinubu has directed key economic officials to develop measures to mitigate the impact of the ongoing Middle East crisis on Nigerians.
Mr Tinubu gave the directive on Friday at a civic reception in Yenagoa after inaugurating projects executed by Governor Douye Diri.
He tasked the ministries of finance and budget, alongside the Head of Service, Didi Esther Walson-Jack, to examine ways to ease economic pressures.
This is contained in a statement by presidential spokesperson, Bayo Onanuga, on Friday in Yenagoa.
The president acknowledged the economic strain caused by the crisis, noting that rising fuel prices were affecting Nigerians.
He said, “Yes, I hear you from various angles of the economy. The fuel prices are biting hard, but we must also reflect on global realities.”
Mr Tinubu assured citizens that his administration would work with the relevant ministries to introduce measures to cushion the hardship.
He stated, “This is a government that cares. We will look at the numbers with the ministry of finance and budget to ease the burden,”
He reaffirmed the commitment of the All Progressives Congress (APC) to improving citizens’ welfare through impactful governance.
“People deserve to see governance translated into roads, bridges, power, jobs and real opportunities that affect lives,” he said.
Mr Tinubu commended Mr Diri for executing projects aligned with the Renewed Hope Agenda, describing them as transformative.
He inaugurated key projects, including a 60-megawatt gas-fired Independent Power Plant in Elebele, a 630-metre Angiama–Oporoma Bridge, and a new Yenagoa city road.
The president noted that collaboration between federal and state governments accelerates development and delivers tangible benefits to citizens.
He also reiterated his administration’s resolve to achieve energy sufficiency, recalling his earlier efforts in establishing independent power initiatives.
MrTinubu observed a minute’s silence in honour of fallen soldiers and a former Bayelsa governor, DSP Alamieyeseigha.
In his remarks, Mr Diri said federal policy support enabled the state to deliver the power project and advance energy independence.
He added that the projects would improve connectivity, boost economic activity and enhance residents’ quality of life.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Troops rescue kidnap victims, nab terrorist logistics suppliers in operations across Zamfara, Katsina, Kebbi
The statement noted that on 19 July 2026 vehicle conveying 10 motorcycles suspected to be for terrorists were intercepted during a routine stop-and-search operation in Kebbi State.

States
Man, 23, in court for allegedly threatening to kill his parents
The prosecutor said the offences contravene Sections 97, 287 and 396 of the Penal Code.

States
Court adjourns Benue candidates’ suit against APC until August 27
The judge warned that absence of any counsel resulting in a delay of the proceedings would attract sanctions.

Heading 4
Gov. Sani lectures states on how to copy Kaduna’s peace model
Mr Sani stressed that quality healthcare is not for a privileged few in Kaduna State but ‘’a fundamental right of everyone, particularly the downtrodden.’’

Heading 2
CBN retains benchmark interest rate at 26.5%
The latest decision to maintain the current policy stance followed a thorough assessment of the balance of risks.

Abuja
Two Abuja security guards, one other arraigned over alleged theft iron rods worth N5 million
The defendants pleaded not guilty to the charge.





