News

Subsidy Removal Necessary For States To Get Money – Tinubu

Subsidy Removal Necessary For States To Get Money – Tinubu
  • PublishedOctober 21, 2023

President Bola Tinubu on Friday, disclosed that the removal of fuel subsidy became necessary for the country not to collapse, adding that there would have been no money for the states if the decision was not taken.

This was as he said the policies and
programmes of his administration were aimed at achieving a fairer, better and honest society.

Tinubu who spoke during an audience with a delegation of South-West Muslim faithful, led by Alhaji Rasaki Oladejo, at the Presidential Villa, Abuja, said sacrifice is needed for the country to make progress.

“It is about our future. We must guarantee our future. Almighty Allah will not give us a burden that we cannot bear. He has put us here for a purpose. It may look difficult; even rough, but it will get better.

“We avoided it (removing petroleum subsidy) for 40 years. We are all going through the pain now, but for Nigeria not to collapse, we had to remove the subsidy.

“In the history of successful nations, there is nothing more vital than the leadership of a nation taking difficult decisions at the right time and for the right reasons. There would have been no money for the subnationals.”

The president assured Nigerians that better days are in the offing, saying that the current challenges facing the nation were only temporary.

“We have to believe in one country; we have to believe in Nigeria. We will do our best, and our economy will get better for the benefit of Nigerians. I am very sure of that, and we are putting in the work to ensure that,” he said.

Leave a Reply

Your email address will not be published. Required fields are marked *