The Senator representing Ogun West senatorial district at the National Assembly said President Bola Tinubu saved Nigeria’s economy from total collapse by removing fuel subsidy and floating the naira.

Adeola disclosed that the previous administration had borrowed heavily to fund fuel subsidy and stabilising the naira against the dollar, adding that the bold step of the government was the saving grace for the nation.

He made this known while speaking at the 2nd Edition of Town Hall Meeting/Mega Empowerment and Thank You Tour, held at Ayetoro, Yewa North Local Government area of Ogun State.

The Chairman, Senate Committee on Appropriations, emphasised that the immediate past administration had to borrow trillions of naira to pay fuel subsidy, noting that it was being collected by less than 1% of Nigerians.

He added that $400 billion was borrowed to stabilise the naira against the dollar, a fiscal policy which left the country’s economy on the brink.

While commending Tinubu for taking a hard decision to revamp the hitherto comatose economy, he stressed that all the reforms undertaken by the government are to secure the future of the unborn generations of Nigerians.

He appealed to Nigerians to continue to be patient with Tinubu, declaring that the current economic policies have begun to yield positive results.

On the empowerment programme, the senator explained that the programme was organised to reward and appreciate the constituents in Yewa North Local Government Area for their support during the 2023 general elections.

Reeling out his achievements in the Senate for two years, Adeola said he has taken advantage of his position as the Chairman of the Senate Committee on Appropriations to fight for the rights of his constituents and facilitate developmental projects in Ogun West.

The Senator, however, disclosed that another set of 3,000 students selected across the six LGAs in Ogun West will be given scholarship and bursary awards of N200,000 and N100,000, respectively.

While thanking Governor Dapo Abiodun of Ogun State for supporting all his activities in Ogun West, especially the empowerment programmes, he urged the people to continue to rally support for the incumbent administration in the state.