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    MarketForces Africa » MarketForces News » Fuel Subsidy Removal, FX Reform, Yielding Positive Results – Tinubu

    Fuel Subsidy Removal, FX Reform, Yielding Positive Results – Tinubu

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJuly 30, 2023 News No Comments3 Mins Read
    Fuel Subsidy Removal, FX Reform, Yielding Positive Results – Tinubu
    Bola Ahmed Tinubu, Nigerian President
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    Fuel Subsidy Removal, FX Reform, Yielding Positive Results – Tinubu

    President Bola Tinubu says the Federal Government is receiving support and commendations from the global communities over the removal of fuel subsidy and the foreign exchange regime policies, saying they are yielding positive results.

    Tinubu stated this at a Gala/Award Night on Saturday, organised by the office of the Head of the Civil Service of the Federation (HOCSF), to recognise and honour outstanding civil servants to mark the 2023 Civil Service Week.

    Represented by the Secretary to the Government of the Federation, Sen. George Akume, President Tinubu appreciated civil servants for their numerous contributions to the economic development of the country.

    The president, who accepted the fact that the policies had in one way or the other affected the masses, said the government was working on measures to cushion the effects.

    “We shall without delay cushion the pains being experienced by our people as a result of these measures through a number of well targeted interventions aimed at giving adequate relief and succor to a great number of our long- suffering citizens, ” he said.

    He, however, pledged to give more supports to the civil service sector, being the custodian of public trust to consolidate on the gains of the ongoing reforms in the sector.

    Earlier, in her opening remarks, the HOCSF, Dr Folasade Yemi-Esan, said every human being had an inherent desire to be appreciated or acknowledged for their efforts, and so hard-working civil servants deserve reward for their services to the nation.

    According to Yemi-Esan, when an individual feels valued and recognised for hard work, he or she is more likely to be committed and enthusiastic next time around.

    She used the occasion to present prizes namely, a brand new 2022 JAC JS4 Luxury Model SUV, a 2 Bedroom semi-detached bungalow; and a plot of land to the top three outstanding civil servants.

    The gesture, which is in collaboration with the Aig-Imoukhuede Foundation, also favoured 29 other outstanding civil servants who went home with other awards while few got N500,000 each.

    “The Star Prize of a Brand New 2022 JAC JS4 Luxury Model SUV won by Mrs Juwon Olayiwola of the Federal Ministry of Education; a 2-Bedroom Semi-Detached Bungalow was won by Mr. Nwachukwu of Service Welfare Office, office of the HOCSF and the 3rd prize, a Plot of Land, was allocated to Mrs. Chukweke Stella Oluchi, Office of the Secretary to the Government of the Federation (OSGF).”

    While urging heads of MDAs to reward outstanding workers, the HOS said recognition/rewards could serve to inspire employees to go the extra mile to innovate and achieve excellence in the course of discharging their jobs.

    “In this ever-evolving corporate world, fostering a positive and motivating work environment has become crucial for the success of any institution.”

    Also, the Chairman, Federal Civil Service Commission, Dr Tukur Ingawa, represented by Dr Simon Etim, a Commissioner in the Commission, said rewarding a worker is critical innovative factor for motivation in executing the needed jobs in any organisation. #Fuel Subsidy Removal, FX Reform, Yielding Positive Results – Tinubu#

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    FUEL SUBSIDY FX Reform
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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