President Bola Tinubu has assured Nigerians that he understands the difficulties they are facing, but maintains that ongoing economic reforms are crucial to securing a stronger, more resilient nation and safeguarding the future of the country’s children.
Speaking at the Presidential Villa in Abuja on Friday during a meeting with the leadership of the Catholic Bishops’ Conference of Nigeria (CBCN), Tinubu admitted that the decision to remove fuel subsidies was tough but unavoidable.
“Yes, removing the fuel subsidy was difficult and challenging for me, but it’s a necessary decision for Nigeria’s survival. We cannot afford to bankrupt our country,” the President stated.
He explained that continuing with the subsidy would have meant draining resources meant for future generations.
“We were spending the investment meant for our children yet unborn. We were using their rights and opportunities — that’s unsustainable,” Tinubu said.
The President stressed that poverty knows no religion, ethnicity, or identity, calling on all Nigerians to unite in addressing the economic challenges.
“Poverty doesn’t discriminate. It has no religious colouration or identity. It affects everyone, and we must fight it together,” he added.
The CBCN delegation commended the President’s courage in tackling longstanding economic issues and urged the government to ensure that the most vulnerable Nigerians receive adequate support during the transition.
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