President Bola Tinubu has assured Nigerians that fuel subsidy removal from 2023 has been of a positive impact as his administration remains steadfast in its commitment to national progress, despite ongoing criticism from opposition voices.
He said this while addressing members of the All Progressives Congress (APC) National Caucus at the State House Conference Center in Abuja on Tuesday night, February 25.
In addition, President Tinubu emphasised that his government is focused on delivering tangible results rather than engaging in political distractions.
“Our determination to deliver is unshaken despite the cacophony of misguided, unfounded, and gloomy claims made by our detractors, they will continue to talk, but we are extremely focused,” Tinubu declared.
The President acknowledged that the implementation of certain economic policies such as the removal of fuel subsidies has posed challenges, but he insisted that such reforms were necessary to stabilise the nation’s economy.
Furthermore, he argued that Nigeria could not have survived under the previous subsidy regime, emphasising that state governments are now receiving increased allocations that enable them to execute development projects effectively.
“It is a daunting challenge. The policies are difficult, but there was no way Nigeria would have survived with the burden of fuel subsidies.
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Today, I can beat my chest and say that each governor here knows that their allocations to the states have tripled. We have enough funding for the local governments.” he said.
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