President Bola Ahmed Tinubu on Monday revealed that in the last 40 years, a few people stole Nigeria’s wealth under the guise of subsidy.
Tinubu was of the view that the looting by a few people is one of the main reasons why Nigerians are suffering today.
Speaking at the second-term inauguration of Governor Hope Uzodinma in Owerri, Imo State the President said he understands the concerns of citizens, assuring them that the challenges brought on by the very essential reforms are being addressed.
He also disclosed that his administration will pay more attention to education and healthcare, as well as provide enabling environments for industrialisation and investments in consonance with his vision of creating an economically stable and prosperous country.
Tinubu said: “In the past 40 years, a few people were cornering our commonwealth and calling it subsidy, but I call it wasteful. Right now, we are all bearing and sharing that pain. But things are looking up. Things will get better for the good of all Nigerians. With me, there is hope.
“I assure you that there will be substantial development in education for your children; priority is on industrialisation and healthcare will receive more allocation and attention. We will train more health workers.”