President Bola Tinubu has spoken again on the fuel subsidy removal he ordered.
Tinubu reassured Nigerians that the removal of fuel subsidies will facilitate investments in alternative energy sources, infrastructure, and public services, ultimately leading to a stronger and more prosperous Nigeria.
Speaking at the concluding ceremony of the University of Ilorin’s combined convocation, Tinubu acknowledged the temporary pains caused by the subsidy removal but emphasized the long-term benefits it could bring.
Represented by the Minister of State for Education, Dr. Yusuf Tanko Sununu, Tinubu encouraged citizens to focus on the substantial long-term gains. He acknowledged the economic challenges faced due to the subsidy removal but urged people to view it as a necessary step towards positive change.
“While short-term gains may come with associated pains, please consider the potential long-term benefits. Removing subsidies can create opportunities for investments in alternative energy sources, infrastructure, and public services, all contributing to a stronger and more prosperous Nigeria,” Tinubu stated.
He called for national unity and collective support during this transitional period, emphasizing the importance of innovation and energy conservation. Tinubu highlighted that despite the challenges, resilience and cooperation could lead the nation toward a better future for both the present generation and future ones.