President Bola Ahmed Tinubu has directed the Ministers of Budget and Finance, alongside the Head of Civil Service, to assess measures to cushion the impact of rising economic pressures on Nigerians linked to the US–Israel–Iran conflict and its effect on global oil markets.

He issued the directive on Friday in Yenagoa, Bayelsa State, during a civic reception and project commissioning ceremony hosted by Governor Douye Diri.

Tinubu acknowledged growing hardship, including rising fuel costs, but said government would review the situation with key economic managers to develop relief options while maintaining broader reforms.

The President also reaffirmed that the All Progressives Congress administration remains focused on translating governance into tangible development such as infrastructure, jobs, and energy expansion.

He praised Diri for delivering key projects aligned with the federal government’s “Renewed Hope Agenda,” describing the collaboration between federal and state governments as essential to national progress.

During the visit, Tinubu inaugurated several projects including the 60-megawatt gas-fired Independent Power Plant in Elebele, the 630-metre Angiama–Oporoma Bridge, and the New Yenagoa City Road.

He noted that the power project reflects earlier reforms and stressed his administration’s commitment to achieving energy sufficiency nationwide.

Governor Diri said the projects mark major milestones for Bayelsa’s development agenda, improving electricity supply, connectivity, and economic activity across the state. He also highlighted ongoing infrastructure works, including a stadium, secretariat complex, and additional road networks aimed at boosting growth and access to coastal communities.

The event was attended by several governors, federal officials, and political leaders, while the President observed a minute’s silence in honour of fallen military personnel and former Bayelsa Governor Diepreye Alamieyeseigha.