President Bola Tinubu addressed the nation yesterday on the ongoing economic reforms aimed at stabilizing Nigeria's economy. He acknowledged the rising inflation rates, which have hit a 28-year high of 33.95% as of May 2025, according to the National Bureau of Statistics. The President outlined plans to increase agricultural investments, reduce fuel subsidies further, and strengthen the naira through foreign exchange policies. Critics, however, argue that these measures may exacerbate hardship for the average Nigerian. Labour unions have threatened strikes if palliative measures are not introduced. The administration has promised to roll out targeted subsidies for vulnerable populations within the next quarter.