Fuel subsidy: President Tinubu unveils parliative measures to alleviate sufferings by Nigerians

Fuel subsidy: President Tinubu unveils parliative measures to alleviate sufferings by Nigerians

Hon Ademola Adegoroye, the former Minister of State for Transportation, has promised Nigerians that President Bola Ahmed Tinubu will soon put in place well-thought-out measures to ease the hardships caused by the removal of subsidy on petrol.

The former minister disclosed this in a press statement issued and signed by his Special Assistant on Media and Publicity, Prince Ebenezer Adeniyan, and made available to newsmen in Akure, the Ondo state capital.

The statement reads” President Bola Tinubu demonstrated his sincerity and forthrightness to move Nigeria forward, to be true to Nigeria when he stated before the general elections that fuel subsidy will go once he becomes President.

“He even went on to say that no matter how long Nigerians demonstrate, the subsidy is a cankerworm that has stifled our economy and it only fans the embers of corruption and that retaining it will do us no good.

“What he did by those words even before the elections was that he was coming to work for Nigeria and not to play politics with us.

“Only Chief Obafemi Awolowo used to demonstrate such honesty and in recent times, Oluwarotimi Akeredolu.

” I recall that he even said that despite those utterances, he will still go on to win the elections.

“Nigerians ought to be prepared as notice was given. We pray for more sincere leaders like Tinubu.

Adegoroye added that ” Let Nigerians be assured that this is a govt that cares for their welfare and as such, Mr President will shortly take well-considered measures to alleviate the suffering of Nigerians arising from the no subsidy regime.” He concluded.

Oil marketers responded to the removal of subsidy on petrol by increasing the price of the product by over 200%.

The NNPCL also increased the price of petrol on Wednesday. It confirmed the price modification in a press release issued by its Chief Corporate Communications Officer, Garba Deen Muhammad, saying it changed the pump prices of PMS across its retail outlets in line with current market realities.

“NNPC Limited wishes to inform our esteemed customers that we have adjusted our pump prices of PMS across our retail outlets in line with current market realities. The statement said.

“As we strive to provide you with the quality service for which we are known, it is pertinent to note that prices will continue to fluctuate to reflect market dynamics.

“We assure you that NNPC Limited is committed to ensuring a ceaseless supply of products.

“The company sincerely regrets any inconvenience this development may have caused.

“We greatly appreciate your continued patronage, support, and understanding during this time of change and growth,” it said.

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