May 29: Subsidy removal not included in my inaugural speech – Tinubu - NEWS FRONTIER DAILY


Saturday, June 24, 2023

May 29: Subsidy removal not included in my inaugural speech – Tinubu

President Bola Ahmed Tinubu has stated that his inauguration address on May 29 2023, did not include removal of petroleum subsidy.

Tinubu made this known while interacting with Nigerians resident in Paris, France on Friday, after attending 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.

“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 in his presidential inauguration address during his swearing-in ceremony on the 29th of May 2023, announced the removal of fuel subsidy.

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