Tinubu said on Thursday in Lagos during a speech at a luncheon for business owners called “Business Forward,” that if elected president in 2023, Bola Tinubu of the All Progressives Congress (APC) said that his administration will end fuel subsidies.
No matter how long protesters continue, according to the former governor of Lagos, fuel subsidies will be eliminated. The APC presidential candidate stated that Nigeria will no longer subsidise petrol use in neighbouring nations in a statement released by his media office and signed by Mr. Tunde Rahman.
“How can we be subsidising fuel consumption of Cameroon, of Niger, of Benin Republic. No matter how long you protest, we are going to remove subsidy,” he said.
However, he asserted that his government will support the development of the private sector and be amenable to working with its participants.
“My government will collaborate with the private sector to bring about massive infrastructure renewal that enhances economic opportunities, lower business costs and overheads while producing jobs that spur further growth and development through increased consumer demand. This is the virtuous economic cycle we seek to create,” he added.
In addition, he pledged to increase security in the nation and stated that if elected president, a variety of steps, including employing more military and non-military personnel, would be put into action.
He stated, “I am committed to securing Nigerians from violence and the fear of such violence. Terror, kidnapping and banditry have no place in the society I envision. Upon entering office, we will move to implement several measures.”
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