‘Subsidy Removal:’ Tinubu Announces Plans For Palliatives To Mitigate Impact On Citizens

Eko Hot Blog reports that President Bola Ahmed Tinubu has assured that palliatives to cushion the effect of fuel subsidy removal were being worked out.

He spoke during an interactive session with Nigerians resident in France and neighbouring European countries on the sidelines of the New Global Financing Pact Summit in the French capital, Paris.

Editors Pick

• Sallah Rams: Traders Bemoan Low Sales Amid High Prices

• Subsidy Removal Not Included In My Inaugural Speech But Courage Is Needed — Tinubu

• Covenant University Ranks Among Top 10 Varsities In Africa, See Full List

The President in his inaugural speech said the subsidy era was gone because there was no budgetary allocation for it.

On how he convinced Organised Labour to shelve the planned protest over removal of subsidy, he said: “You want money increase in palliative, transportation what are you protesting about? Are you sharing part of the subsidy? if you protest, I will join you and protest and they stopped. No protest.

“Palliative we will get but we have to save the money in order to embark on palliatives,” he said.

Click to watch our video of the week

---

Advertise or Publish a Story on EkoHot Blog:

Kindly contact us at [email protected]. Breaking stories should be sent to the above email and substantiated with pictorial evidence.

Citizen journalists will receive a token as data incentive.

Call or Whatsapp: 0803 561 7233, 0703 414 5611