President Bola Tinubu has admitted that removing the fuel subsidy was a difficult decision, but one that Nigerians must face.
Speaking on Friday while receiving a delegation from the Catholic Bishops Conference of Nigeria (CBCN) at the Presidential Villa in Abuja, Tinubu emphasized the need for economic reforms despite the hardships they bring. The delegation was led by Lucius Ugorji.
Acknowledging the challenges faced by Nigerians, Tinubu explained that these measures are essential for building a stronger nation and securing a better future for upcoming generations.
“Yes, removing the fuel subsidy was tough for me, but it was a necessary decision for Nigeria. We cannot afford to bankrupt our country,” he said. “We were spending the future investments meant for our unborn children. Poverty has no religious affiliation—it affects everyone, and we must fight it together.”
He urged Nigerians and their leaders to unite in addressing economic challenges, noting that poverty transcends religious and ethnic boundaries.
Tinubu had first announced the removal of the fuel subsidy on May 29, 2023, during his presidential inauguration in Abuja.
