Nigeria’s President, Asiwaju Bola Ahmed Tinubu has disclosed the real reason why he removed fuel subsidy, stressing it was to free resources for the development of the country.
President Tinubu gave the reason while addressing Nigerians on June 12 Democracy Day commemoration.
Tinubu said he came to the decision in order to free the country’s resources from the stranglehold of unpatriotic elements.
He said he feels the pain of Nigerians but that the citizens must sacrifice a little more for the survival of our country.
He however said that his administration will “reward” their sacrifices with “massive investment” in transportation, infrastructure, education, regular power supply, healthcare and other public utilities that will improve quality of life.
“I admit that the decision will impose an extra burden on the masses of our people. This is one decision we must bear to save our country from going under and take our resources away from the stranglehold of a few unpatriotic elements.
“Painfully, I have asked you, my compatriots, to sacrifice a little more for the survival of our country. For your trust and belief in us, I assure you that your sacrifice shall not be in vain.
“The government I lead will repay you through massive investment in transportation infrastructure, education, regular power supply, healthcare and other public utilities that will improve the quality of lives.
“The democracy MKO Abiola died for is one that promotes the welfare of the people over the personal interests of the ruling class and one where the governed can find personal fulfillment and happiness.
“That is the hope MKO Abiola ignited throughout our country in 1993,” President Tinubu said.