Barely two hours after President Bola Tinubu promised to remove fuel subsidy as part of the agenda of his administration, fuel queues have resurfaced in petrol stations across Abuja, the nation’s capital city, with many motorists scrambling to get petroleum products.
The president had said, “We commend the decision of the outgoing administration in phasing out the petrol subsidy regime which has increasingly favoured the rich more that than the poor. Subsidy can no longer justify its ever increasing costs in the wake of drying resources. We shall instead rechannel the funds into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions.”
