The Economic Implications Of President Tinubu's Fuel Subsidy Removal | PHQ | 30-05-23

Nigerian President Bola Ahmed Tinubu announced the termination of the fuel subsidy in his inauguration speech, a subject that frequently got Nigerians talking. The President's declaration has been met with reactions, including the return of lines at gas stations and an increase in gas prices.

The President stated that his government looks to invest the money intended for fuel subsidies in other areas of the Nigerian economy, prompting several Nigerians to call the decision crucial.

Other people, however, have criticised the timing of the choice and the way the procedure was handled by people looking to profit from the circumstance.

Host: Gbenga Aborowa

Guests:
1. Seun Dania, Energy Expert and Consultant, Reify Integrated Solutions, Birmingham, United Kingdom
2. Peter Esele, Former President, PENGASSAN. Abuja, Nigeria

Follow News Central On:

#NewsCentral #AfricaFirst #Africa #News #Politics #2023presidency #APC #Tinubu #presidentelect #presidentelect #Nigeria #Abuja #inaugurationday #inauguration #inaugurationceremony #Lagos #presidentialinauguration #Naija #Political #politicalparties #asiwajubolaahmedtinubu #jagaban #BAT #asiwaju