FUEL SUBSIDY REMOVAL HAS AFFECTED NIGERIAN HOUSHOLDS, BUSINESSES – TINUBU ADMITS

July 31, 2023

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By Oduola F.A.

President Bola Tinubu has admitted that the withdrawal of the fuel subsidy has left Nigerians hit by the effects of the country’s economic reality.

The President noted that ‘things seem anxious and uncertain.’ urging Nigerians to look beyond the current economic pains and hope for gains.

President Tinubu said this during a presidential broadcast today, where he noted that ‘I came here to help not hurt the people and nation that I love.’

He said, ” Our economy is going through a tough patch and you are being hurt by it. The cost of fuel has gone up. Food and other prices have followed it. Households and businesses struggle. Things seem anxious and uncertain. I understand the hardship you face. I wish there were other ways. But there is not. If there were, I would have taken that route as I came here to help not hurt the people and nation that I love.

“What I can offer in the immediate is to reduce the burden our current economic situation has imposed on all of us, most especially on businesses, the working class and the most vulnerable among us.”