Since the president’s announcement regarding the elimination of fuel subsidies, fuel lines have reemerged across the nation.
On Tuesday, the House of Representatives applauded President Bola Tinubu’s decision to eliminate petroleum subsidies.
This was in response to a member’s motion of essential public importance.
In addition, the House urged Nigerians to be patient and prayerful in order to enable the President to fulfill his promises.
Monday, during his inaugural address at the Eagle Square in Abuja, Tinubu stated that the era of petroleum subsidy payments has ended, adding that neither the 2023 budget nor the justification for subsidy payments remain.
“The fuel subsidy has been eliminated,” Tinubu remarked, adding that his government would instead invest in infrastructure and other areas to bolster the economy.
Since then, the Nigerian National Petroleum Company Limited (NNPCL) has supported Tinubu’s efforts to eliminate petroleum subsidies.
However, the Trade Union Congress of Nigeria (TUC) stated that the President cannot unilaterally decide to remove subsidies, stating that there was a reason the previous administration of Muhammadu Buhari moved the “sensitive issue” to the new government.
Since the president’s announcement, fuel lines have reemerged across the nation as Nigerians scramble to acquire the premium product.
