President Bola Tinubu stated that the savings from the removal of the petrol subsidy will benefit many Nigerians.
BizWatch Nigeria recalls that Tinubu declared the abolition of the petrol subsidy in his inaugural speech on May 29, 2023.
Tinubu remarked during a meeting with former governors known as the “class of 1999” that he understands Nigerians are suffering as a result of the policies.
The president stated that the initiative will assist many Nigerians rather than just a few traffickers.
He urged Nigerians to be patient for the supply of palliatives, which will provide respite.
“On the subsidy removal, I thank you for the support and I understand people are suffering. Yet, there can be no childbirth without pain,” he said.
“The joy of childbirth is the big relief of the pain. Nigeria is reborn. It is a rebirth of our country.
“To face our problem, to bring the savings to benefit the largest number of people in the country and not a few smugglers and exploiters. Thank you for your support.”
While speaking after the meeting, Lucky Igbinedion, the chairwoman of the class of 1999 governors, advised Nigerians to trust the president on the palliatives that would be offered.
According to the former Edo governor, the president must be given the required assistance in order to build a better Nigeria.
“We came to congratulate Mr President and also to thank him for making one of us the secretary to the government,” he said.
“We came to assure him that he has our full support and prayers for the bold steps he has started to take, for his initiatives and also let him know that this is beyond party politics, we’re now talking about the project Nigeria.
“Therefore all hands must be on deck to give Mr President the needed support and encouragement to foster a better nation.
“On his part, Mr President assured us that it is his dream to see a better Nigeria and he also wants us to let you know that the decisions that he has taken so far might be painful.
“Therefore, Nigerians should wait patiently and believe in him, that he’s going to come up with palliatives that will put smiles on the faces of every one of us in Nigeria.”
