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Tinubu Claims Nigeria Stronger Post Fuel Subsidy Removal

Tinubu Claims Nigeria Stronger Post Fuel Subsidy Removal

President Bola Tinubu stated that Nigeria is better off following the removal of fuel subsidies, despite the intense public backlash and criticism that accompanied this policy change. He described the decision as a difficult but necessary step to save Nigeria from deeper economic troubles.

Tinubu made these remarks during an interfaith breakfast meeting with members of the House of Representatives on a Friday. He acknowledged the public's struggle to understand the government's direction, including the decision to remove fuel subsidies and allow the naira to float freely in the foreign exchange market.

The president noted that while the reforms may cause pain, they are unavoidable for stabilizing the economy and attracting investment. He expressed gratitude for the support from lawmakers during this period of public anger and maintained that the removal of fuel subsidies would help reduce waste and corruption in the oil sector.

Tinubu admitted that citizens feel the impact of these changes but insisted that the country has passed its worst phase and is moving toward recovery.

Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.

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