Petrol Queue Resurfaces After President Tinubu Announced Removal of Fuel Subsidy

Date: 29-05-2023 8:19 pm (1 year ago) | Author: kacy lee
- at 29-05-2023 08:19 PM (1 year ago)
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Petrol stations in Lagos started witnessing queues few hours after President Bola Tinubu announced that “fuel subsidy is gone”.

Some Nigerian National Petroleum Corportation (NNPC) stations in Ikeja, Alausa were crowded by motorists who rushed to buy the product.

Many private stations were not selling as of the time of filing this report, Daily Trust reports.

News men  earlier reported that the newly inaugurated Nigerian president officially announced the removal of fuel subsidy, saying that there was no provision for it.

Tinubu had said this on Monday during his inaugural speech at Eagle Square in Abuja. He had said he was informed that there was no provision for fuel subsidy, adding that it could no longer be justified.

He said, “Fuel subsidy is no more. Subsidy can no longer justify its ever-increasing costs in the wake of drying resources.
“We shall instead re-channel the funds into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions.
“No provision for fuel subsidy.”


He said there would be a “thorough house cleaning,” adding that the interest rate would be reduced.


Posted: at 29-05-2023 08:19 PM (1 year ago) | Addicted Hero
- Olandetujaa at 29-05-2023 08:31 PM (1 year ago)
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He should have waited till July when dangote will start selling fuel, I pray the Lord give our president wisdom
Posted: at 29-05-2023 08:31 PM (1 year ago) | Gistmaniac
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- OmoNobaUku at 29-05-2023 09:27 PM (1 year ago)
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Enemies of the people have started again.
Posted: at 29-05-2023 09:27 PM (1 year ago) | Gistmaniac
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- Dopybadass at 29-05-2023 09:32 PM (1 year ago)
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Quote from: Olandetujaa on 29-05-2023 08:31 PM
He should have waited till July when dangote will start selling fuel, I pray the Lord give our president wisdom
May God punish you all that's still using the word praying,hoping,and maybe,they just sworn in a president and immediately he just removed the fuel subsidy,now in as much he may have good intentions for that, where's the plan,what about the hardship it will bring to the masses,now they want to use the money for subsidy for other infrastructures,what about the recovered stolen looted money,wetin dey don use zam do,does anything work in Nigeria for the masses,now prices of products will automatically Increase, there's no plan before removing the phyukin subsidy,and una still dey pray instead of to face reality that these government old or new is still the same
Posted: at 29-05-2023 09:32 PM (1 year ago) | Gistmaniac
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- gogoman at 29-05-2023 09:43 PM (1 year ago)
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JAGABAN RULE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted: at 29-05-2023 09:43 PM (1 year ago) | Grande Master
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- coach01 at 29-05-2023 09:44 PM (1 year ago)
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Quote from: Dopybadass on 29-05-2023 09:32 PM
May God punish you all that's still using the word praying,hoping,and maybe,they just sworn in a president and immediately he just removed the fuel subsidy,now in as much he may have good intentions for that, where's the plan,what about the hardship it will bring to the masses,now they want to use the money for subsidy for other infrastructures,what about the recovered stolen looted money,wetin dey don use zam do,does anything work in Nigeria for the masses,now prices of products will automatically Increase, there's no plan before removing the phyukin subsidy,and una still dey pray instead of to face reality that these government old or new is still the same
you are correct...they are all the same.
Posted: at 29-05-2023 09:44 PM (1 year ago) | Newbie
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- kp45 at 29-05-2023 10:22 PM (1 year ago)
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Useless
Posted: at 29-05-2023 10:22 PM (1 year ago) | Addicted Hero
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- Patode at 30-05-2023 12:53 AM (1 year ago)
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Hopefully, the petrol stations don't say that only Yorubas can buy petrol in Lagos.  Inconvenience and suffering, does not know tribe.
Posted: at 30-05-2023 12:53 AM (1 year ago) | Upcoming
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- ekogiaweplus at 30-05-2023 11:29 AM (1 year ago)
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Quote from: gogoman on 29-05-2023 09:43 PM
JAGABAN RULE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
but let him rule well. if otherwise,  we all will bear it , including you.
Posted: at 30-05-2023 11:29 AM (1 year ago) | Upcoming
Reply