The president of Nigeria , Bola Tinubu said fuel subsidy was removed to prevent Nigeria from going bankrupt. He made this known while speaking as one of the panelists at the ongoing World Economic Forum in Riyadh, Saudi Arabia today.
The World Economic Forum meeting focuses on Global Collaboration, Growth and Energy for Development. We can remember that President Tinubu announced the removal of subsidy the day he was inaugurated into office. but this pollicy, however, has made prices of commodities spike, with an increased hardship in the country.
President Tinubu is of the view that it was needed to reset the economy. he said it is no doubt that it was a necessary action for the country not to go bankrupt and that it is in the best interest of the people.
Nigerians what do you think?
The World Economic Forum meeting focuses on Global Collaboration, Growth and Energy for Development. We can remember that President Tinubu announced the removal of subsidy the day he was inaugurated into office. but this pollicy, however, has made prices of commodities spike, with an increased hardship in the country.
President Tinubu is of the view that it was needed to reset the economy. he said it is no doubt that it was a necessary action for the country not to go bankrupt and that it is in the best interest of the people.
Nigerians what do you think?