Despite the fact that it wasn't in my speech, I decided to end fuel subsidies on the first day. - Tinubu Bola Ahmed Tinubu, the preside...

 Despite the fact that it wasn't in my speech, I decided to end fuel subsidies on the first day. - Tinubu

Bola Ahmed Tinubu, the president of Nigeria, has said that although though it wasn't included in his address, he personally decided to announce the end of fuel subsidies on the first day of his administration.

According to a statement from Dele Alake, the president's special operations adviser, the president revealed this while speaking with Nigerians who reside in France on Friday.

According to the statement: "Tinubu explained that his financial adviser, Wale Edun, and his adviser on special operations, Dele Alake, did not mention the withdrawal of subsidies in his speech, but he felt that he should end it. on the first day."

During his meeting with Nigerians, the president also referred to the aid as a "fraud" that "impedes progress."

The price of petrol has soared since Tinubu said that "fuel subsidy is gone" on May 29. One litre now costs N540 and up instead of N195 and up.