By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Tinubu Speaks on Subsidy Removal, Assures Nigerians of Relief
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Tinubu Speaks on Subsidy Removal, Assures Nigerians of Relief

Adamu Abubakar
By Adamu Abubakar
Published: July 12, 2023
Share
2 Min Read
Asiwaju Bola Tinubu
Asiwaju Bola Tinubu
SHARE

President Bola Ahmed Tinubu acknowledges the hardships resulting from the removal of fuel subsidy and emphasizes that this decision was made in the best interest of the country, with a focus on ensuring future prosperity.

During a meeting with 18 governors from the Class of 1999 at the Presidential Villa, Tinubu appeals for patience from Nigerians and assures them that a comprehensive framework for palliatives to mitigate the effects of fuel subsidy removal is being developed.

Tinubu reiterates the government’s commitment to expediting the process and implementing a foolproof social security structure, particularly in cash-transfer programs, to safeguard against compromise.

Recognizing the current suffering experienced by the people, he draws a parallel between the pains of childbirth and the relief that follows, asserting that Nigeria is undergoing a rebirth through fuel subsidy removal, benefiting the majority over a few smugglers.

- Advertisement -

He urges the governors to convey the message of patience to the people, emphasizing that the palliatives are forthcoming and will ultimately lead to the prosperity of the country.

In line with this commitment, Tinubu has written to the House of Representatives, requesting an amendment to the 2023 supplementary appropriation act to allocate N500 billion for the provision of palliatives.

The purpose of this request is to enable the government to offer support to Nigerians and alleviate the impact of fuel subsidy removal.

Speaker of the House of Representatives, Tajudeen Abbas, read the president’s letter during the plenary session on Wednesday, highlighting the necessity of this step to address the concerns of the population.

- Advertisement -

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Bola TinubuFuel Subsidy
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
Previous Article Tinubu Hosts Class of 1999 Governors in Aso Rock
Next Article When was the last time you bought a newspaper?, by Terry Kunle

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Okay.ng Logo

Parallel Market Rates

USD
Buy₦1,550.00
Sell₦1,565.00
GBP
Buy₦1,760.00
Sell₦1,790.00
EUR
Buy₦2,135.00
Sell₦2,170.00

Updated: 16 hours ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

0.00
ShareShareShare

Rates are for informational purposes only.

Okay.ng Logo Parallel Market Rates
USD
Buy
Sell
GBP
Buy
Sell
EUR
Buy
Sell
| okay.ng
- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Elon Musk
Elon Musk Announces America Party Formation, Declares ‘You Shall Have It’
International
Tax Reforms committee
Nigeria’s Tax Reform Journey Continues, Says Committee Chairman Taiwo Oyedele
Economy
MTN Mega Billion Promo: How Nigerians Are Winning Big
Partners
As Nigerian Banks Resume Naira Debit Card International Transactions: Limits You Should Know
News
Former Nigerian Army Chief Advocates for Compulsory Military Training
News
- Advertisement -
Ad imageAd image

You May Also Like

PoliticsTop stories

NNPP Declares Rabiu Kwankwaso Will Not Contest 2027 Presidency on Its Platform

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 5, 2025
NSA Nuhu Ribadu
Security

Tinubu Administration Making Headway Against Nigeria’s Security Challenges, NSA Ribadu Affirms

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
July 5, 2025
Politics

Aregbesola Warns ADC Supporters Against Insults, Urges Fact-Based Engagement with APC

Muhammad A. Aliyu
Muhammad A. Aliyu
July 5, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?