President Bola Tinubu Takes Stand Against Petrol Subsidy, Prioritizes Nigerians’ Interests

…By Joseph Benjamin for TDPel Media. President Bola Tinubu, speaking at a reception organized by the Lagos State Government, emphasized his decision to forego his share of the petrol subsidy payment in favor of removing the subsidy altogether.

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He stated that his government requires the necessary resources to fulfill the promises made to Nigerians during the campaign.

Refusal to Partake in Subsidy Benefits:

President Tinubu expressed his firm stance against the continuation of the bleeding of the country’s finances through the petrol subsidy and the arbitrary exchange rate regime.

He asserted that he would not contribute to the economic destruction of the nation by retaining the subsidy, highlighting the need to re-engineer the control and management of the country’s resources.

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Commitment to Transparency and Accountability:

Tinubu stressed the importance of re-engineering the financial system and ensuring transparency in economic planning and budgetary processes.

He stated that Nigeria cannot afford to be overly generous to other countries, emphasizing the unsustainability of continuing to pay the subsidy.

The president reiterated that he was elected to bring about necessary changes that would benefit not only the current generation but also future generations.

Initiatives for a Better Future:

President Tinubu assured Nigerians that they would witness the implementation of new and improved initiatives aimed at benefiting both the young and the elderly.

He pledged to collaborate with the National Assembly and state Governors to achieve the renewed hope agenda of his administration.

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Conclusion:

President Bola Tinubu’s speech at the reception underscored his commitment to prioritizing the interests of Nigerians over personal gains.

By refusing to collect his share of the petrol subsidy benefit, he demonstrated his determination to address the country’s economic challenges through re-engineering the management of resources.

Tinubu’s focus on transparency, accountability, and long-term benefits reflects his dedication to bringing about positive changes that will benefit current and future generations.

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