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Published 16 days ago

Removal of fuel subsidy necessary to reset Nigeria's economy

Summary by Daily Post Nigeria
President Bola Tinubu says the removal of fuel subsidy was needed to reset Nigeria’s economy. Tinubu made the statement while speaking as one of the panelists at the ongoing World Economic Forum in Riyadh, Saudi Arabia, on Sunday. DAILY POST reports that the World Economic Forum meeting focuses on Global Collaboration, Growth and Energy for Development. The President said the subsidy was removed to prevent Nigeria from going bankrupt. DAILY POST…

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Daily Post NigeriaDaily Post Nigeria

Removal of fuel subsidy necessary to reset Nigeria's economy

President Bola Tinubu says the removal of fuel subsidy was needed to reset Nigeria’s economy. Tinubu made the statement while speaking as one of the panelists at the ongoing World Economic Forum in Riyadh, Saudi Arabia, on Sunday. DAILY POST reports that the World Economic Forum meeting focuses on Global Collaboration, Growth and Energy for Development. The President said the subsidy was removed to prevent Nigeria from going bankrupt. DAILY POST…

16 days ago·Nigeria
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Daily TrustDaily Trust

Tinubu: Subsidy Removal necessary for Nigeria not to go bankrupt - Daily Trust

President Bola Tinubu has again defended his administration’s decision to remove petrol subsidy. Tinubu spoke in Riyadh, Saudi Arabia, on Sunday as one of the panelists at the ongoing World Economic Forum (WEF). The WEF meeting focuses on Global Collaboration, Growth and Energy for Development. The President said the subsidy was removed to reset Nigeria’s economy and prevent the nation from going bankrupt. Profiling of Fulani is set up for geno…

16 days ago
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leadership.ngleadership.ng

Fuel Subsidy Axed To Reset Nigerian Economy

President Bola Tinubu has defended his decision to remove fuel subsidy, calling it a “necessary action” to prevent national bankruptcy and reset the economy for growth. In his address at the opening plenary, at the World Economic Forum in Riyadh on Sunday, Tinubu acknowledged the subsidy removal has caused difficulties and hardship for many Nigerians. However, he insisted that bold leadership requires making tough choices in the national interes…

16 days ago
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