Fuel Subsidy Removal Saved Nigeria From Bankruptcy, Restored Economic Stability — Tinubu

A combo photo of Tinubu and Nigerians President Bola Tinubu has said that the removal of fuel subsidy by his administration averted imminent national bankruptcy and laid the foundation for the gradual recovery of the economy.

Fuel Subsidy Removal Saved Nigeria From Bankruptcy, Restored Economic Stability — Tinubu. A combo photo of Tinubu and Nigerians President Bola Tinubu has said that the removal of fuel subsidy by his administration averted imminent national bankruptcy and laid the foundation for the gradual recovery of the economy. This was revealed in a statement signed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga on Friday, where Tinubu hosted state governors who visited him to celebrate Sallah and mark the third anniversary of his administration. Governors in attendance included those of Lagos, Nasarawa, Jigawa, Sokoto, Kebbi, Taraba, Niger, Ekiti, Delta, Ondo, Edo, Adamawa, Benue, Enugu, Ogun and Kogi States, as well as the deputy governors of Borno and Kano. Tinubu acknowledged that the decision to remove the subsi...