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Oil Subsidy Removal Meant To Reset Nigeria’s Economy- President Tinubu

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Nigeria’s President Bola Tinubu says his administration removed petrol subsidy to put Nigeria on the path of economic growth.

Tinubu highlighted this during a high-level panel session at the World Economic Forum (WEF) Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh, Saudi Arabia, on Sunday, according to a statement released by his spokesperson, Ajuri Ngelale.

Ngelale quoted the president as saying that he had to take tough but essential decisions like removing fuel subsidy – with its attendant perils – to reposition Nigeria’s economy.

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