WHY I REMOVED FUEL SUBSIDY, BY TINUBU

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WHY I REMOVED FUEL SUBSIDY – TINUBU

President Bola Tinubu has said he removed the subsidy on fuel to safeguard the future of Nigerians.

Tinubu said he couldn’t allow Nigeria to go bankrupt, hence the need to remove the subsidy on fuel.

He disclosed this during a town hall meeting with the people of Enugu State after inaugurating some of the projects built by Governor Peter Mbah on Saturday.

According to Tinubu: “We must build this house called Nigeria to not just satisfy our immediate need, but our tomorrow too. That’s why the removal of the fuel subsidy was necessary. We cannot spend the future of generations yet unborn in advance. Don’t bankrupt the nation before they’re born.”

Tinubu had announced the removal of the subsidy on petrol on May 29, 2023.

His actions led to a hike in the prices of commodities, with some of his critics condemning the policy as not well thought out.

About Dons Eze

DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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