Nigeria’s President, Bola Ahmed Tinubu, said he wished there were other ways to address the issues of fuel subsidy that is exacerbating hardships for Nigerians since its removal.
“I Wish there were other ways, but there are not,” Tinubu said, adding he would have resorted to the other ways before taking such a decision.
Fuel subsidy, according to him, had gulped a lot of money that could be efficiently used on public transport, healthcare, school, housing and national security.
The president admitted that Nigerians are suffering in his bid to stabilise the country’s economy.
The president, however, vowed to heavily invest in public transportation to be enjoyed by Nigerina at a subsidized price. He said his administration would purchase 3000 Compressed Natural Gas-powered vehicles.
He also, promised that workers’ salaries would be reviewed.
Details shortly…
