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January 5, 2025 Tinubu Reaffirms Stance on Subsidy Removal: ‘It Was Necessary’

President Bola Tinubu has reiterated his justification for the removal of the fuel subsidy, describing it as a "necessary" step to safeguard Nigeria's future. The subsidy removal, announced during his swearing-in ceremony in May 2023, led to a significant increase in fuel prices and sparked widespread protests and criticism.

Critics argue that the decision has caused severe hardship for many Nigerians. However, during a visit to Enugu State on Saturday, Tinubu defended the move, emphasizing its importance for the country’s long-term stability and growth.

Addressing stakeholders at the Government House in Enugu, Tinubu likened the nation to a family sharing a single house, stressing the need to build a sustainable foundation for both current and future generations. "You cannot spend the future of generations yet unborn in advance. Don’t bankrupt the nation before they are born," he stated.

Acknowledging the backlash, Tinubu expressed confidence in his ability to lead and bring together a capable team to rebuild the nation. "I know people will fight, grumble, abuse me, and everything, but I asked for the job. I know what it takes. I believe in myself, and I believe I can gather a very good team and build a nation," he affirmed.

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