Subsidy Removal: You’ve Endured, Persevere A Little Bit More, Tinubu Tells Nigerians

Prices of Premium Motor Spirit (PMS), or petrol, have more than tripled from below N200 per litre in less than two months since he took office on May 29, when he declared in his inaugural address that “fuel subsidy is gone”.

President Bola Tinubu has urged Nigerians to persevere in the face of hardship occasioned by the removal of fuel subsidy.

Prices of Premium Motor Spirit (PMS), or petrol, have more than tripled from below N200 per litre in less than two months since he took office on May 29, when he declared in his inaugural address thatfuel subsidy is gone.

Speaking to youths of his party, the All Progressives Congress (APC), at the Council Chambers of the Presidential Villa, Abuja on Thursday, the President appealed for Nigerians’ understanding as the “economic reforms” take effect.

Abbas Names Chairmen Of 134 Reps Standing Committees

“I can assure you that I understand your pains and the pains of your uncles, brothers, your mums. I understand, I feel it. It is not easy to get out a monster of over 40 years that is called subsidy,” Tinubu said.

“For few leaders, elites, fleecing Nigeria, it’s not acceptable and will never be acceptable to us all. You’ve endured, you just need to persevere a little bit more. It’s not going to be easy to make the changes necessary, but what we are going through today is saving for greatness, tomorrow.”