It Is Gone Why I Announced End To Fuel Subsidy In My Inaugural

By hairstyler On Nov 11, 2025

“It Is Gone”: Why I Announced End To Fuel Subsidy In My Inaugural ...

“It Is Gone”: Why I Announced End To Fuel Subsidy In My Inaugural ... President bola ahmed tinubu has opened up on how his special adviser on monetary policy, wale edun, and special adviser on special duties, communication and strategy, dele alake, excluded fuel subsidy removal in his inaugural speech. In a bold declaration during his inaugural address at eagle square, abuja, president bola ahmed tinubu announced, “subsidy is gone,” a statement that instantly sent fuel prices skyrocketing from ₦198 per litre to ₦540.

“It Is Gone”: Why I Announced End To Fuel Subsidy In My Inaugural ...

“It Is Gone”: Why I Announced End To Fuel Subsidy In My Inaugural ... Tinubu had announced end to fuel subsidy in his inaugural speech, saying “it is gone”. the announcement had sent a wave of shock across the country as fuel queues return to stations and the price of pump price was jerked up times three. The star recalls that tinubu, on inauguration day, may 29, 2023, announced the removal of subsidy on petroleum products. “subsidy is gone,” tinubu declared during his inaugural address at eagle square in abuja, shortly after he was sworn in as the 16th president of nigeria. The 2023 budget unveiled a notable absence of provisions for fuel subsidies, and president tinubu asserts that justifying such payments is no longer viable. this transformative decision sets the stage for a revamped economic landscape. President bola tinubu has said he removed the subsidy on fuel to safeguard the future of nigerians. tinubu said he couldn’t allow nigeria to go bankrupt, hence the need to remove the subsidy.

“It Is Gone”: Why I Announced End To Fuel Subsidy In My Inaugural ...

“It Is Gone”: Why I Announced End To Fuel Subsidy In My Inaugural ... The 2023 budget unveiled a notable absence of provisions for fuel subsidies, and president tinubu asserts that justifying such payments is no longer viable. this transformative decision sets the stage for a revamped economic landscape. President bola tinubu has said he removed the subsidy on fuel to safeguard the future of nigerians. tinubu said he couldn’t allow nigeria to go bankrupt, hence the need to remove the subsidy. President bola tinubu has described his government’s inauguration day fuel subsidy removal speech as a painful decision that was necessary for the country’s economy. President bola tinubu says the petrol subsidy regime is over. he spoke on monday during his inaugural speech as president. “on fuel subsidy, unfortunately, the budget before i assumed. Bayo onanuga, special adviser to the president on information and strategy, says president bola tinubu acted in the best interest of nigerians by announcing the removal of the petrol subsidy on the day of his inauguration on may 29, 2023. President bola ahmed tinubu was officially sworn in as the 16th democratically elected president of the federal republic of nigeria amid colourful events and a festive mood at eagle square on monday. tinubu made his first inaugural speech as he hit the ground running by declaring the removal of fuel subsidies, promising 1 million jobs, and others.

“It Is Gone”: Why I Announced End To Fuel Subsidy In My Inaugural ...

“It Is Gone”: Why I Announced End To Fuel Subsidy In My Inaugural ... President bola tinubu has described his government’s inauguration day fuel subsidy removal speech as a painful decision that was necessary for the country’s economy. President bola tinubu says the petrol subsidy regime is over. he spoke on monday during his inaugural speech as president. “on fuel subsidy, unfortunately, the budget before i assumed. Bayo onanuga, special adviser to the president on information and strategy, says president bola tinubu acted in the best interest of nigerians by announcing the removal of the petrol subsidy on the day of his inauguration on may 29, 2023. President bola ahmed tinubu was officially sworn in as the 16th democratically elected president of the federal republic of nigeria amid colourful events and a festive mood at eagle square on monday. tinubu made his first inaugural speech as he hit the ground running by declaring the removal of fuel subsidies, promising 1 million jobs, and others.