Tinubu had asked the National Assembly to approve an $800 million loan to ease people’s hardship.
He added that when the loan is granted, the sum of N8,000 will be transferred monthly to the bank accounts of 12 million poor and low-income households for six months.
Speaking after receiving the title of ”Grand Commander of the Nigerian Youth” from the National Youth Council of Nigeria, Nigerian Youths in Politics, and Arewa Concerned Youth Forum, Peller said that the amount was better than nothing.
He called on the president to provide more relief packages to ease the economic hardship occasioned by the subsidy removal.
He said, “I think the palliative of N500 billion is still better than nothing. However, I believe that as time goes on, we should be able to get more from the president.
“The pressure that the people are mounting on the president must have pushed him to make that decision for palliatives for the people.”
Peller said the federal government should diversify the economy by investing in the creative industry.
He added that the industry has the potential to create jobs for unemployed youths.
He said, “Every country that has done so well has invested in its youth. I will advise the present administration to look into the direction of the youth by strengthening the creative industry.
“Strengthening the creative industry means that there will be so much employment for the unemployed youth and the country will have an alternative way of generating revenue.”
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