President Bola Ahmed Tinubu has said that the abolition of fuel subsidies will not be included in his inauguration speech on May 29, 2023.
Tinubu stated this while speaking with Nigerians in Paris, France, on Friday, following the Summit on New Global Financing Pact.
Speaking on the subsidy removal, the president said: “Some countries were bleaching us. Making just a few smugglers rich. Courage was missing. But God gave me the opportunity.
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“When I was declared a winner, I fell almost sick with joy. A few friends visited. So I asked the question, you asked me to bring this trophy, this victory what do you do with it? I won. We must change Nigeria with it.
“And then Wale Edun and co, we started debating, putting my speech together without the question on subsidy. I got to the podium, I was possessed with courage and I declared that the subsidy is gone.
“Until I called NNPC, they thought it was a joke of the century. We are tired of making a few people rich, feeding smugglers and subsidizing the next door neighbour.”
Tinubu had announced the abolition of gasoline subsidies in his presidential inauguration address during his swearing-in event on May 29, 2023.
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