Tag: Fuel subsidy removal

“Tinubu didn’t weigh 2027 before ending subsidy” — Gbajabiamila

Aminu Imam
Gbajabiamila Tinubu

…As ex-lawmakers adopt President as South’s sole candidate President Bola Tinubu’s Chief of Staff, Femi Gbajabiamila, has declared that the removal of fuel subsidy was not a political gamble but an “extraordinary act of statesmanship” aimed at saving Nigeria’s future. Speaking at the 2025 Southern Summit of former legislators in Abeokuta, Ogun State, Gbajabiamila said Tinubu’s bold reforms — including fuel subsidy removal, new tax laws, and the Nigerian Education Loan Fund — proved he was acting for the next generation, not the next election. “These are not the actions…

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Nigerians lament economic hardship, as fuel price hike cripples economic activities

Aminu Imam
Suffering Nigerians

Nigerians from various sectors have united in criticising the recent hike in petrol prices, which rose from N617 to N897 per litre on September 3, 2024. This increase, approved by the Nigerian National Petroleum Company Limited (NNPCL), has led to widespread discontent across professional bodies and civil society, including the Manufacturers Association of Nigeria (MAN), Nigeria Labour Congress (NLC), and Nigerian Bar Association (NBA). The economic impact has been severe, with transportation costs rising by 50-100% in some areas. Many citizens, already struggling, are now facing increased expenses on food,…

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