“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.

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