The new President of Nigeria, Asiwaju Bola Ahmed Tinubu, has stated in his inauguration speech that his government will remove fuel subsidies, a development that has triggered mixed reactions among notable Nigerians....CONTINUE READING
While some support the decision, others, including presidential candidate of the African Action Congress Omoyele Sowore, have criticized it. Sowore stated that Tinubu’s announcement was thoughtless and has already led to fuel scarcities in Lagos…..CONTINUE READING
Tinubu defeated other strong contenders, including Peter Obi of the Labour Party, Alhaji Atiku Abubakar of the Peoples Democratic Party, and Rabiu Musa Kwankwaso of the New Nigeria Peoples Party, to become president.
However, the presidential candidates of the Labour Party and the Peoples Democratic Party are currently challenging his victory in the Presidential Election Tribunal in Abuja.
As Nigerians await the outcome of the tribunal, Tinubu’s decision to remove fuel subsidies may further complicate an already tense situation in the country.
Supporters of the subsidies argue that they are essential to keep fuel affordable for the average Nigerian, while opponents argue that they are a drain on the country’s finances and a breeding ground for corruption…..CONTINUE READING
