President Bola Ahmed Tinubu has cautioned that the ongoing Middle East crisis could fuel inflation in Nigeria, significantly affecting citizens’ purchasing power through higher fuel, transportation, and food costs.
Addressing state governors, Tinubu warned that the economic ripple effects of the conflict may trigger reactions from labour unions and other stakeholders. He, however, praised the governors for their swift response to the meeting, describing their presence as a demonstration of unity, commitment, and collective responsibility.
The President urged governors to prioritise the welfare of vulnerable citizens, noting that although efforts are underway, more decisive action is needed to cushion the impact of economic hardship.
Tinubu also extended condolences to Babagana Zulum over the recent bombings in Borno State, urging continued support for affected communities. The attacks in Maiduguri left several people dead and many others injured, highlighting the persistent security challenges in the region.
Reaffirming his administration’s commitment to national security, Tinubu pledged increased investment in modern technology and equipment to combat terrorism. Nigeria continues to grapple with threats from groups such as Boko Haram and Islamic State West Africa Province, as well as widespread banditry and kidnapping.
Vice President Kashim Shettima also visited victims of the attacks, assuring Nigerians of improved logistics and operational support in the fight against insecurity.
The President’s remarks follow his recent visit to the United Kingdom, where he met with King Charles III, Queen Camilla, and Keir Starmer to strengthen trade and security cooperation.
