Fuel subsidy No Going Back according to Tinubu Bola Ahmed Tinubu, the country's newly elected president, has said that his administra...
Fuel subsidy No Going Back according to Tinubu
Bola Ahmed Tinubu, the country's newly elected president, has said that his administration will not pay the fuel subsidy, confirming his campaign promise to cancel the entire subsidy program.
In addition to promising to use these funds for significant development initiatives, Tinubu complimented the government of Muhammadu Buhari, who came before him, for taking the stand against continuing to pay subsidies, which he claimed primarily benefited the wealthy. he.
After taking the oath of office, the president addressed the crowd and declared that they would use the support money to build infrastructure, improve health care and education, and generate jobs that would benefit millions of people.
The country's new president promised to review the Central Bank's currency changes, which have left the populace in a difficult situation. He also promised to look into the issue of double taxation of businesses in order to foster economic growth and draw in foreign investors.
In order to boost the growth of the Nigerian economy, Tinubu has committed to set up a body that will control commodity pricing and advance the agricultural and animal husbandry industries.
He claimed that by doing this, food would be plentiful and simple to obtain, the farmers' labor would be rewarded, and consumers would pay little for their food.
The newly elected president declared that all Nigerians, including those who supported him and those who did not, are his people, hailing from the Niger Delta, the desert, Lagos, Abuja, and Onitsha.
In order to address the needs, Tinubu stated that as president, he would work without showing favoritism to any party, and that they would invest money in enhancing security as the top priority.
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