Subsidy: No regrets, won’t return to Egypt — Tinubu
President Bola Tinubu says he has no regrets over the removal of the fuel subsidy, vowing that Nigeria will not return to the old system. Read More: https://punchng.com/subsidy-no-regrets-wont-return-to-egypt-tinubu/
President Bola Tinubu expressed no regret over the removal of the fuel subsidy, vowing that Nigeria will never return to it. He compared the end of the subsidy regime to the Red Sea parting when Moses left Egypt and stated that one cannot ask Moses to go back to Egypt. Tinubu highlighted the growth of Chinese economic news at 4.6 percent, stating that the economy is on the right trajectory.
He assured that Nigeria will not regress and urged the youth to campaign for a 'Renaissance Hope'. The President mentioned that the past three years were challenging, with heavy debts and a depleted foreign reserve, but emphasized that they took tough decisions and the economy grew by 4.43 percent in the last quarter.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 3 other outlets
- Subsidy: No regrets, won’t return to Egypt — Tinubu punchng.com
- “Nigeria will go bankrupt”, Tinubu rejects calls to restore subsidy ripplesnigeria.com
- Subsidy Removal: Moses Can’t Go Back to Egypt, Says Tinubu dailytrust.com
