I have no regret for removing fuel subsidy -Tinubu
President Bola Tinubu
Published By: Paul Dada
By Paul Dada
President Bola Tinubu has said he has no regret for removing the subsidy on the importation of fuel.
Tinubu said this during the ongoing presidential media chat being broadcast nationwide.
He said with fuel subsidy Nigeria had been spending its future.
He said, “We are spending our future. We are spending our generation’s fortunes. We are not investing. We are just deceiving ourselves.
“Why should you have expenditures when you don’t have revenues?
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“I don’t gave any regret in removing fuel subsidiary. We cannot spend our generation investment…
” We have no choice. Otherwise we are headed for the slippery slope… financial disaster, not just for us but our children.
Tinubu also reacted to the deaths in the recent palliatives stampedes in some parts of the country. He blamed the incidents on poor organisation.
“It is very sad that people are not well organised. We just have to be disciplined. My condolences to these who lost their family members,” he said.
