Fuel subsidy removal saved Nigeria from bankruptcy, Tinubu declares

Pmnewsnigeria | 30-05-2026 11:38am |

President Bola Tinubu addressed the nation on Friday, emphasizing the positive impact of the removal of fuel subsidies on Nigeria's economy. He stated that this decision was crucial in averting an imminent bankruptcy situation for the country. According to the President, the elimination of the subsidy has set the stage for economic recovery and stability. His comments come amid ongoing discussions regarding the implications of the subsidy removal on the nation's financial landscape.

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