"Nigerian Leader Implements Economic Measures Amidst Looming Union Protests"

Nigerian President Bola Tinubu has announced economic measures to alleviate the growing hardship in the country, as labor unions threaten protests demanding more action. The government's decision to end gasoline subsidies has led to a sharp increase in gas prices, causing a spike in the cost of essential commodities. Tinubu acknowledged the government's slow response and promised incentives and credit facilities for businesses. The measures include providing credit to manufacturing companies, grants and loans to small businesses, releasing grains to stabilize food prices, and investing in agriculture. Labor unions are demanding improved social welfare programs, as many Nigerians struggle with inflation and poverty rates.