• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Economy INFLATION: I don’t believe in ‘price control’ – Tinubu tells citizens
  • Economy
  • National

INFLATION: I don’t believe in ‘price control’ – Tinubu tells citizens

By
Prnigeria
-
December 23, 2024
President Bola Ahmed Tinubu
President Bola Ahmed Tinubu

INFLATION: I don’t believe in ‘price control’ – Tinubu tells citizens

The President has said he does not support price control as a means of bringing down food prices.

Tinubu, who spoke on Monday during the presidential media chat, said the forces of demand and supply would eventually force down the prices.

He added, “I don’t believe in price control. I’m sorry. What we have to do is to keep supplying the market.”

He also insisted that the tax reform of his administration has come to stay.

Read Also:

  • FG Sends Delegation to Essa, Orders Urgent Repair on Lambata–Bida Road
  • After Katarko Clash, Troops Neutralize 10 Terrorists in Gamboru–Dikwa Operation
  • African Ambassador Demands Urgent Industrialization to End Poverty

PRNigeria reports that the tax reform bills, which are before the National Assembly, have generated controversies and met push back especially from the Northern leaders, forcing the lawmakers to initiate consultation.

But Tinubu in his address said the reforms might not be embraced by everybody, but it was here to stay.

He said, “The tax reform is here to stay. The reform is pro-poor and it is to widen the tax net, so we can have more people paying.

“The hallmark of a good leader is the ability to do what you have to do at the time it ought to be done.”

Meanwhile, given the mounting opposition to the bills by some governors and senators, the President said he was open to negotiations on the issue.

“Tax matters are subjects of debates and negotiations. I don’t mind cutting edges. I will,” he added

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Nigeria
  • Price control
  • Tinubu
Previous articleCDS Musa Tasks Newly Promoted Navy Personnel to Embody Values of Responsibility, Duty
Next articleHow to manage electricity bill, by Tinubu
Prnigeria
Prnigeria

RELATED ARTICLESMORE FROM AUTHOR

FG Sends Delegation to Essa, Orders Urgent Repair on Lambata–Bida Road

African Ambassador Demands Urgent Industrialization to End Poverty

Christian Association of Nigeria CAN

Christian Genocide and the Dangers of Mischaracterisation By Femi Fani-Kayode

NUC Approves 13 New Degree Programmes for Nigerian Universities

Farmers

Beyond the Rain: Nigerian Farmers Reimagine Survival in a Climate of Change” By Shakirudeen Abdulazeez

Unlocking Nigeria’s Fiscal Future Through Tax Reform By Abdullateef M Awal

Nigerian Youths

Empowering Nigerian Youth in Building a Climate-Resilient Future By Mustapha Abdulganiyu

President Bola Ahmed Tinubu

Nigeria’s Painful Path from Policy to Prosperity By Shukurat T. Ibrahim

Communication is National Security, Not Just Media Work – NIPR President

Tinubu’s Sudden Military Overhaul Rekindles Coup Fears, Public Reactions Flood Twitter

Anambra Guber Poll: INEC Deploys AI Virtual Assistant to Train Staff

President Bola Ahmed Tinubu

‘Tell Nigerians the Truth’: ADC Challenges Tinubu on Military Shake-Up

Recent Posts

  • FG Sends Delegation to Essa, Orders Urgent Repair on Lambata–Bida Road
  • After Katarko Clash, Troops Neutralize 10 Terrorists in Gamboru–Dikwa Operation
  • African Ambassador Demands Urgent Industrialization to End Poverty
  • Christian Genocide and the Dangers of Mischaracterisation By Femi Fani-Kayode
  • PRNigeria Inducts New Fellows in Ilorin After Staff Kidnapping Ordeal
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
FG Sends Delegation to Essa, Orders Urgent Repair on Lambata–Bida RoadAfter Katarko Clash, Troops Neutralize 10 Terrorists in Gamboru–Dikwa OperationAfrican Ambassador Demands Urgent Industrialization to End PovertyChristian Genocide and the Dangers of Mischaracterisation By Femi Fani-KayodePRNigeria Inducts New Fellows in Ilorin After Staff Kidnapping OrdealNUC Approves 13 New Degree Programmes for Nigerian UniversitiesOn Kwara’s Silent Crisis By Aromaradu S. SalihuBeyond the Rain: Nigerian Farmers Reimagine Survival in a Climate of Change" By Shakirudeen AbdulazeezUnlocking Nigeria’s Fiscal Future Through Tax Reform By Abdullateef M AwalEmpowering Nigerian Youth in Building a Climate-Resilient Future By Mustapha AbdulganiyuNigeria’s Painful Path from Policy to Prosperity By Shukurat T. IbrahimMilitary Repels ISWAP Fighters in Gamboru NgalaFCT Police Clamp Down on Criminal Hideouts, Arrest 62 SuspectsKano Police Arrest 2 Suspected Bandits, Move to Resolve Herders-Farmers Clash in MakodaCommunication is National Security, Not Just Media Work – NIPR President
X whatsapp