The newly inaugurated Nigeria President, Bola Ahmed Tinubu, has stated that his administration will not continue with payment of fuel subsidy....CONTINUE READING
Tinubu stated this during his inaugural speech at the ongoing Presidential inauguration at Eagles Square, Abuja…..CONTINUE READING
According to Tinubu, he is fully aware of the removal of subsidy in the 2023 budget, already running before his administration takes over, noting that the country cannot continue to pay fuel subsidy.
Speaking further, the subsidy can no longer justify its ever-increasing costs in the wake of drying resources.
“We shall instead re-channel the funds into better investment in public infrastructure, education, healthcare and jobs that will materially improve the lives of millions,” Tinubu stated.
Details later…..CONTINUE READING
