“A Sunset For Fuel Subsidy, A Daybreak For Infrastructure And Social Welfare” – Tinubu

  • President Tinubu announces the end of fuel subsidy in his inaugural speech at the Eagle Square.

  • The decision aims to redirect funds towards infrastructure, education, healthcare, and job creation.

  • He emphasized the need to address security challenges, revitalize the economy and promote agriculture.

EKO HOT BLOG reports that in his inaugural speech at the Eagle Square, President Tinubu announced the discontinuation of the fuel subsidy regime in Nigeria, citing its skewed benefits and mounting costs.

The decision aims to redirect funds towards crucial investments in public infrastructure, education, healthcare, and job creation, promising a fairer distribution of resources.

With a focus on progressive governance, President Tinubu emphasized the need to tackle security challenges, revitalize the economy, promote agriculture, improve infrastructure, and pursue an active foreign policy agenda for peace and prosperity in the region.

Click to watch our video of the week

 

Praise Ben

"I am a writer and designer, blending words and visuals to craft compelling narratives and experiences"

Share
Published by
Praise Ben

Recent Posts

Man Murders Wife, Hides in Ceiling to Evade Arrest

Akwa Ibom police apprehend Victor Okoh for allegedly killing his wife, Victoria, over infidelity accusations.…

24 minutes ago

Yellow Aboki, Close Ally of Late Bandit Kingpin Bamamu, Eliminated in Zamfara

Yellow Aboki, a key associate of the late Hassan Bamamu, was eliminated in Zamfara by…

2 hours ago

UCL: Salah and Trent Separated After Heated Training Ground Fight Before PSG Tie

Tensions Flare at Liverpool Training Ahead of Crucial PSG Clash Mohamed Salah and Trent Alexander-Arnold…

2 hours ago