.Promises to publish how subsidy savings are utilised
.Optimistic nation’s four moribund refineries will be back on stream and make profit
Deji Elumoye in Abuja
President Bola Tinubu on Thursday disclosed that the fuel subsidy removal, which he announced upon his inauguration as President on May 29, 2023, actually benefitted ordinary Nigerians. Speaking while receiving in audience the newly elected leadership of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) at the State House, Abuja, Tinubu explained that the fuel subsidy removal is actually benefitting ordinary Nigerians.
He gave an assurance that his government will soon publish details of how the savings from the fuel subsidy withdrawal are being utilised and cited regular salary payments and funding for major road projects as some benefits of the policy.Tinubu said: “Fuel subsidy is gone for the benefit of our great country. I will soon publish the utilization of what it is. I listen to people, they say common man and all of that. Who are the people receiving the salaries in the local government administration? Are they not common men and women receiving salary regularly at the state level, are they not common men and women? The ordinary people receiving salary at the federal government regularly, and it affects all the market women around us, including your wives.
