I removed fuel subsidy to prevent Nigeria going bankrupt - Tinubu
Why This Matters
Key context: <img width="1200" height="700" src="https://dailypost.ng/wp-content/uploads/2026/09/Tinubu-.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://dailypost.ng/wp-content/uploads/2026/09/Tinubu-.jpg 1200w, https://dailypost.ng/wp-content/uploads/2026/09/Tinubu--300x175.jpg 300w, https://dailypost.ng/wp-content/uploads/2026/09/Tinubu--1024x597.jpg 1024w" sizes="(max-width: 1200px) 100vw, 1200px" /><p>President Bola Tinubu has explained why he removed fuel subsidy upon assumption of office in 2023. Tinubu explained that he removed the subsidy on fuel to prevent Nigeria from going bankrupt. He issued the explanation during a meeting with the City Boys Movement in Abuja on Monday. The president also dismissed promises by the opposition […]</p> <p><a href="https://dailypost.ng/2026/10/20/i-removed-fuel-subsidy-to-prevent-nigeria-going-bankrupt-tinubu/">I removed fuel subsidy to prevent Nigeria going bankrupt - Tinubu</a></p> This development from dailypost.ng highlights ongoing changes in the sector.
President Bola Tinubu has explained why he removed fuel subsidy upon assumption of office in 2023. Tinubu explained that he removed the subsidy on fuel to prevent Nigeria from going bankrupt. He issued the explanation during a meeting with the City Boys Movement in Abuja on Monday. The president also dismissed promises by the opposition […] I removed fuel subsidy to prevent Nigeria going bankrupt - Tinubu
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