{
  "id": 15675982,
  "title": "Subsidy: No regrets, won’t return to Egypt — Tinubu",
  "url": "https://urgent.news/2026/10/20/subsidy-no-regrets-wont-return-to-egypt-tinubu-15675982",
  "topic": "world",
  "section": "World",
  "published": "2026-10-20T00:33:08.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/subsidy-no-regrets-wont-return-to-egypt-tinubu/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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/",
  "key_points": [
    "President Tinubu has no regrets about removing the fuel subsidy.",
    "Nigeria will not return to the subsidy regime, comparing it to Moses leaving Egypt.",
    "The economy grew by 4.43 percent in the last quarter, showing a positive trajectory."
  ],
  "editors_take": "The president's refusal to reinstate fuel subsidies signals a permanent shift in fiscal policy aimed at correcting long-term debt and depleted foreign reserves through difficult economic restructuring.",
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Ripples Nigeria",
        "title": "“Nigeria will go bankrupt”, Tinubu rejects calls to restore subsidy",
        "url": "https://urgent.news/2026/10/19/nigeria-will-go-bankrupt-tinubu-rejects-calls-to-restore-subsidy",
        "published": "2026-10-19T20:17:42.000Z"
      },
      {
        "outlet": "Punch Nigeria",
        "title": "You’re campaigning for your future, Tinubu tells City Boy Movement",
        "url": "https://urgent.news/2026/10/19/youre-campaigning-for-your-future-tinubu-tells-city-boy-movement",
        "published": "2026-10-19T20:29:34.000Z"
      },
      {
        "outlet": "Daily Trust",
        "title": "You’re campaigning for your future, Tinubu tells City Boys",
        "url": "https://urgent.news/2026/10/19/youre-campaigning-for-your-future-tinubu-tells-city-boys",
        "published": "2026-10-19T21:12:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}