The newly inaugurated Nigerian President, Bola Tinubu, has officially announced the removal of fuel subsidy, saying that there is no provision for it. President Tinubu said this on Monday during his inaugural speech at Eagle Square in Abuja. He was informed that there is no provision for fuel subsidy, adding that it can no longer be justified. He said, “Fuel subsidy is no more. Subsidy can no longer justify its ever-increasing costs in the wake of drying resources.
President Tinubu said this on Monday during his inaugural speech at Eagle Square in Abuja.
The newly inaugurated Nigerian President, Bola Tinubu, has officially announced the removal of fuel subsidy, saying that there is no provision for it.He was informed that there is no provision for fuel subsidy, adding that it can no longer be justified. He said, “Fuel subsidy is no more. Subsidy can no longer justify its ever-increasing costs in the wake of drying resources.
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