President Bola Ahmed Tinubu says his regime has ended subsidy payment on fuel.
He said the 2023 Budget made no provision for fuel subsidy and more so, subsidy payment is no longer justifiable.
“The fuel subsidy is gone,” Tinubu declared in his inaugural speech at the Eagles Square on Monday after he was sworn in as Nigeria’s 16th President.
He noted that the money expended on subsidy would rather be used on other areas that would have a bearing on the lives of Nigerians.