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‘Era Of Renewed Hope’, Tinubu Sends Message To Nigerians

Amidst concerns over petroleum subsidy removal, President Bola Tinubu, on Friday, said renewed hope has dawned in Nigeria with his ascension into office.

In a recent tweet on his Twitter handle, Tinubu wrote; “Welcome to the era of the Renewed Hope”.

This comes on the heels of the recent hike in fuel prices in the country with a litre of petrol hitting benchmark of N700/litre, as Nigerians count losses following scarcity of the product in the country.

Recall fuel queues returned to Nigerian cities Monday, May 29, as many motorists scrambled to get petroleum products hours after Mr President announced that his government will put an end to the fuel subsidy regime.

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Mr Tinubu on Monday in his inaugural address at Eagle Square, Abuja, declared that there would no longer be a petroleum subsidy regime as it was not sustainable.

“We commend the decision of the outgoing administration in phasing out the petrol subsidy regime which has increasingly favoured the rich more than the poor. Subsidy can no longer justify its ever-increasing costs in the wake of drying resources.


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