WE’RE BUILDING A STRONG FINANCIAL SYSTEM, BUSINESS-FRIENDLY ECONOMY, PRESIDENT TINUBU SAYS AS COCA-COLA ANNOUNCES $1BILLION INVESTMENT IN NIGERIA. (PHOTOS). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE WE’RE BUILDING A STRONG FINANCIAL SYSTEM, BUSINESS-FRIENDLY ECONOMY, PRESIDENT TINUBU SAYS AS COCA-COLA ANNOUNCES $1BILLION INVESTMENT IN NIGERIA   President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments.    The President made the commitment on Thursday in Abuja, as the Coca-Cola Company announced plans to invest $1 billion in Nigeria over the next five years.    The announcement was made at a meeting between the President and the global leadership team of Coca-Cola Company, led by Mr John Murphy, its president and chief financial officer, and the Chairman of Nigerian Bottling Company, Ambassador Segun Apata.    President Tinubu commended Coca-Cola for its long-standing partnership with Nigeria and for promoting investment opportunities that have employed over 3000 people across nine production facilities.    ''We are bu
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SEUN KUTI CRITICIZES TINUBU'S FUEL SUBSIDY REMOVAL, CALLS IT A 'WICKED DECISION'. (PHOTO).

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 Seun Kuti Criticizes Tinubu’s Fuel Subsidy Removal, Calls It A ‘Wicked Decision

Afrobeat artist, Seun Anikulapo-Kuti has criticized President Bola Tinubu’s decision to remove the fuel subsidy, accusing him of prioritizing personal interests over the welfare of Nigerians.


Kuti argued that, despite Tinubu’s claims that eliminating the subsidy was a “tough decision” made for the greater good of the country, it was actually a “wicked decision” that exacerbates the suffering of ordinary Nigerians.


The musician also expressed outrage over the government’s purchase of a $150 million jet for the President, pointing out that the money could have been used to address critical issues in the underfunded education sector.


Kuti suggested that the funds spent on the jet could have built and maintained 10 primary schools for 20 years.


During an Instagram Live session, Kuti questioned, “Who donated for the $150 million jet for Tinubu? Who did they ask for donations?


“That $150 million do you know how many schools it will build? Or how long it will run a primary school? 10 good primary schools would be run on that money for at least 20 years. 10 good primary schools would be built and run, that will educate ten generations of African people.”


He went on to criticize the President for claiming the fuel subsidy removal was beyond his control, stating that as both the President and Minister of Petroleum, Tinubu holds the responsibility.


Kuti emphasized that there was nothing “tough” about the decision, calling it a deliberate act that harms Nigerians.


“The President cannot tell us that this petrol matter is not in his control. He is the President and Minister of Petroleum. They say they take tough decisions but there is no tough decision taken here. President Tinubu took a wicked decision, this whole subsidy and floating the dollar, there is nothing tough about,” Kuti added.

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