President Tinubu Vows to Prevent Economic Destruction by Removing Petrol Subsidy

President Tinubu Vows to Prevent Economic Destruction by Removing Petrol Subsidy

…By Larry John for TDPel Media. President Tinubu, speaking at a reception organized by the Lagos State Government, reaffirmed his refusal to be complicit in the economic destruction of the country by retaining the petrol subsidy.


He emphasized that the bleeding of the nation’s finances through the subsidy should be halted without any exceptions or excuses.

Prioritizing Resources for Promised Commitments

Tinubu reiterated the need for necessary resources to fulfill the promises made to Nigerians during his campaign.

He stressed the urgency of putting an end to the financial drain caused by the fuel subsidy and arbitrary exchange regime, stating that there is no alternative but to address these issues.


Tinubu emphasized the importance of re-engineering the control and management of the country’s resources to fulfill obligations owed to the Nigerian people.

Serving the Electorate’s Interests

Expressing his commitment to serving the interests of the Nigerian people, Tinubu highlighted that he could have chosen personal gain by participating in the arbitrage and benefiting from the subsidy.

However, he firmly stated that this was not the purpose for which he was elected, emphasizing his dedication to the welfare of the nation.

Promised Initiatives for the Nation’s Benefit

President Tinubu assured Nigerians that his administration would continue to introduce new and improved initiatives that would benefit both the young and the old.

He expressed his determination to work closely with the national assembly and state governors to achieve the goals set forth in his administration’s renewed hope agenda.


Governors’ Support for the Administration’s Policies

Governor Babajide Sanwo-Olu of Lagos, speaking at the reception, affirmed that he and his colleagues fully support the policies and programs of the current administration.

He emphasized the crucial role of state governors in realizing the vision of a better Nigeria, emphasizing the collective effort required to achieve the desired goals.


President Tinubu’s speech at the reception reflected his unwavering commitment to halting the economic destruction caused by the petrol subsidy.

He stressed the necessity of allocating resources to fulfill campaign promises and the importance of re-engineering resource management for the benefit of the Nigerian people.

Tinubu’s dedication to serving the nation was evident in his refusal to seek personal gain and his promise to introduce initiatives that would improve the lives of all Nigerians.


Governor Sanwo-Olu’s support, along with that of other state governors, further emphasizes the collaborative effort needed to achieve the administration’s vision for a better Nigeria.

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