Business
Fuel Subisdy Is Gone – President Tinubu
fund will be redirected to better use.
President Asiwaju Bola Ahmed Tinubu has announced an end to fuel subsidy in Nigeria.
“Fuel Subsidy is gone” the President declared in his ongoing inaugural speech and explained that the fund will be redirected to better use.
The President who took his oath of office earlier today explained that there is no provision for fuel subsidy in the budget he would be working with that was passed by the administration of the immediate past president, Muhammadu Buhari.
The new president pointed out that it is apparent that fuel subsidy has outlived its use.
“The implication of this development is that Nigerians should brace themselves for the increase in the price of fuel” SocietyNow.Ng learned.


