Subsidy Beneficiaries And Smugglers Fighting Back — Tinubu

Adoga Stephen
By Adoga Stephen - Editor-In-Chief
2 Min Read

President Bola Tinubu has said that those who used to benefit from the old subsidy may be opposing his decision to eliminate fuel subsidy.

The decision to remove the subsidy on petrol  was announced during his first speech on May 29, 2023, making life more difficult for the already struggling economy and its large population of impoverished individuals.

Despite this, President Tinubu expressed confidence in his ability to overcome challenges through good governance and dedication to the people.

He stated that his administration is focusing resources on key sectors that will have a significant positive impact on the well-being of Nigerians.

Tinubu made these remarks during a meeting with the Forum of State Chairmen of the All Progressives Congress (APC) at the State House in Abuja on Friday.

“The programme of our government will be truly progressive; student loans, a national consumer credit system, and social welfare for the unemployed, as well as graduates.

“Every Nigerian will find a place of belonging in our country. In the eye of even the biggest hurricane, we will find that place of tranquility and prosperous harmony for the benefit of all. Nigerians will all partake in this national journey to prosperity,’’ the president said.

Tinubu informed the state party chairmen, headed by the National Chairman of the APC, Dr. Abdullahi Ganduje, that his government has developed a plan for extensive livestock farming that will be put into action soon.

“As we are fighting corruption, smugglers, and old subsidy beneficiaries, they most certainly will fight back. All those who falsified records and became losers with the subsidy (on petroleum products) removal will fight back.

“But we will defend our people. The treasury belongs to the people, and that sacred trust must not be abused,” he said.

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Stephen studied Mass Communication at the Lagos State Polytechnic, Ikorodu (now Lagos State University of Science and Technology), where he acquired requisite training for the practice of journalism. He loves the media, and his interest mostly lies in print medium, where his creative writing skill makes him a perfect fit.